GBA Holdings Limited (HK:0261) has released an update.
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GBA Holdings Limited has announced a second extension to the maturity date of a HK$4,500,000 loan from October 10, 2024, to October 10, 2025. The borrower, a connected person to the company, has accrued interest of approximately HK$450,740 on the loan. This transaction, while needing to be reported and announced, does not require a circular or shareholders’ approval according to the Listing Rules.
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