Global International Credit Group Ltd. (HK:1669) has released an update.
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Global International Credit Group Ltd. has announced a new secured loan agreement totaling HK$18 million, with a 10% annual interest rate, for a term of 12 months. This transaction involves sub-mortgages on various properties and personal guarantees, making it a noteworthy discloseable transaction under Hong Kong’s Listing Rules. The company continues to expand its footprint in the money lending sector by providing property mortgage and personal loans in Hong Kong.
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