China Financial Services Holdings Limited (HK:0605) has released an update.
China Financial Services Holdings Limited has extended a significant loan of RMB 8 million at a 13.2% annual interest rate, to be repaid over a six-month term. This deal, secured by a mortgage on a Beijing residential property and personal guarantees, is classified as a discloseable transaction as per the Listing Rules, due to its size relative to the company’s financials.
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