China Sunsine Chemicals Holdings

[DCF]

New loan RMB30mill taken with Laishang Bank on 23 January 2015 for purposes of its working capital requirements.

This is a bit of a surprise. I thought they are more keen on paring down the outstanding loans.

No ready, if you look at the similar announcement on 23rd Sep, (http://infopub.sgx.com/FileOpen/CS_Discl...eID=315667), they have outstanding loan of rmb368M loan. So within this 3 month, in aggregate, they paid about rmb100M to now rmb268M loan. I think you can look at the new loan as roll over of existing loan. So this is goo development