New World China (HKG:0917) announced that its indirect wholly-owned subsidiary, Superb Wealthy Group Limited, has accepted a 2-year revolving loan facility in the principal amount of HK$200 million offered by a bank.

New World China, as guarantor, has provided covenant that 51% of its issued share capital will remain to be beneficially owned by New World Development (HKG:0017)

As at January 4 New World Development held attributable interests of 70% in the issued share capital of New World China.