Minshang Creative Technology Holdings Limited (HK:1632) has released an update.
Minshang Creative Technology Holdings Limited has disclosed additional details on loans made to associated companies, including a HK$11 million shareholder’s loan to Minshang Zhihui, extended for another 12 months until June 2025. The loan, which is unsecured and carries an 8% interest rate, is intended for the ordinary business operations of Minshang Zhihui, with specific undertakings to manage financing and asset sales during the term.
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