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Magic Empire Global Secures $100M Facility From Anyu International To Finance Its Timber Supply Chain Trading Operations

Benzinga·11/04/2026 14:24:10
Diffusion vocale

Magic Empire Global Limited ("MEGL" or the "Company", Nasdaq: MEGL) today announced that it has secured a dedicated credit facility of US$100 million (the "Facility") from Anyu International Limited ("AIL") to fund its cross-border timber supply chain trading business. The Facility provides dedicated, medium-term capital support for the Company's timber procurement and cross-border trade settlement, and marks another concrete step in MEGL's strategic transformation into commodity trade and the timber industrial supply chain.