The United Laboratories International Holdings Limited announced that the Board announces that the Company, as borrower, has entered into a revised facility letter with Bank of China (Hong Kong) Limited for term loan facilities of (i) term loan of HKD200,000,000, being the original term loan under the Facility Letter; and (ii) term loan up to HKD200,000,000 or its equivalent amount in USD. The term loan facility shall be available for drawdown within 3 months from the acceptance of the Revised Facility Letter. The Term Loan 1 shall be repaid in full one year from the date of first drawdown.

The Term Loan 2 shall be repaid by four instalments as 10%, 20%, 20% and 50% of the total outstanding balance as at the end of the term loan facility available period in the 18, 24, 30 and 36 months respectively from the date of first drawdown.