We're less than two weeks away from both the 31st March year end and the CULS maturity date.
Hopefully given the comments about improved trading at the interims we'll get either or both a trading update and confirmation that the CULS have been repaid from cash or replaced with a cheaper or smaller facility.
- GEONG has continued to capture additional business from existing or former clients, providing practical application solutions to enterprises.
- The Company developed and enhanced Secured Mobile Transaction Platform which has been successfully adopted by China Construction Bank.
- One of the largest private banks, Min Sheng Bank has accepted the Company's Smart Interent Platform and become the first bank that is able to do Direct Retail Banking through the platform.
- Seven new clients were added in the finance sector, including Bank of China Insurance, Bank of Hubei, China Jingu International Trust, National Trust, Shanghai Aijian Trust, Sichuan Rural Credit Union and China Banknote Printing and Mining.
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