Da Yu Financial Extends Loan Repayment Date with HK$9 Million Agreement

Da Yu Financial Holdings Limited ( (HK:1073) ) has provided an announcement.

Da Yu Financial Holdings Limited has announced an extension of a loan repayment date involving its wholly-owned subsidiary, Mega Base Resources Limited, and an independent third-party borrower. The principal amount of HK$9,000,000 has had its repayment date extended to 17 December 2025, with an interest rate adjustment outlined in the supplemental agreement. This transaction is classified as a discloseable transaction under the Hong Kong Stock Exchange Listing Rules due to its percentage ratios, requiring formal reporting and announcement. The extension reflects the company’s flexibility in loan management and may impact its financial operations and stakeholder interests.

More about Da Yu Financial Holdings Limited

Da Yu Financial Holdings Limited is an investment holding company engaged in various financial services including dealing in securities, advising on securities and corporate finance, asset management, money lending, and related services. The lender involved in the transaction is Mega Base Resources Limited, a wholly-owned subsidiary of the company, which operates under a money lenders license in Hong Kong.

YTD Price Performance: 7.14%

Average Trading Volume: 228,831

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$170.9M

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