Global International Credit Group Ltd. (HK:1669) has released an update.
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Global International Credit Group Ltd. (GICL), a company specializing in property mortgage and personal loans, has provided a new secured loan amounting to HK$14,000,000 with a 12% annual interest rate, to be repaid over 24 months. The loan, backed by a substantial collateral including a residential property and parking space valued at HK$62,000,000, marks a discloseable transaction according to the Listing Rules due to its significant percentage ratios.
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