China Business News: Franshion Property obtains RMB 4.5-bln credit line

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Franshion Property obtains RMB 4.5-bln credit line

May. 28, 2009 (China Knowledge) - Franshion Property (China) Ltd<0817> has obtained a credit line of RMB 4.5 billion from Industrial and Commercial Bank of China (CIBC)<601398><1398>, sources reported.The commercial property developer thus became the company that has obtained the most bank credit this year.Franshion Property will inject the RMB 4.5 billion into the construction o

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