Green Energy Technology Group to provide up to $1.5M loan for plastic waste recycling JV in Japan

Green Energy Technology Group's subsidiary Casson China Limited entered into a joint venture agreement with Blue Sky Global Holdings and Sino-French Bank (Hong Kong) to form a joint venture for plastic waste recycling and processing in Japan. Casson will provide a shareholder loan of up to $1.5 million.

“Casson has agreed to lend and the joint venture has agreed to borrow a shareholder loan of up to US$1.5 million at an annual interest rate of 0.3%.”beta.zhitongcaijing.com

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• beta.zhitongcaijing.com绿色能源科技集团(00979)拟提供最多150万美元的贷款予合营公司以供其投资于塑料废料回收业务Aug 22, 2019

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