The private hospital run by Chinese University of Hong Kong (CUHK) has pledged to provide public healthcare services under an agreement with the government to postpone its repayment of a HK$4 billion (US$509 million) loan, as its CEO said it would not survive if it made the first instalment in March as scheduled.
The proposal to delay the repayment by five years to March 2028, drawn up by the CUHK Medical Centre in Sha Tin and the government, would be subject to lawmakers’ approval on Friday.
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