Hong Kong Finance Group Ltd. (HK:1273) has released an update.
Hong Kong Finance Group Ltd. has announced a new loan agreement providing HK$18,000,000 in financial assistance to a group of borrowers, secured by a prime residential property in Hong Kong. This transaction follows a previous identical loan and is considered a discloseable transaction due to its size relative to the company’s financials, with risks deemed manageable based on the borrowers’ solid financial backgrounds and satisfactory repayment history.
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