China Financial Services Holdings Limited (HK:0605) has released an update.
China Financial Services Holdings Limited has announced a significant loan agreement on August 23, 2024, with three borrowers for a principal sum of RMB3,000,000 at an interest rate of 16.2% per annum. The one-year term loan is secured by a first legal charge mortgage on a residential property valued at approximately RMB5,250,000. This deal is classified as a discloseable transaction, adhering to the notification and announcement requisites of the Listing Rules.
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