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Minshang Creative Technology Extends Shareholder Loan to Minshang Zhihui

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Minshang Creative Technology Extends Shareholder Loan to Minshang Zhihui

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Minshang Creative Technology Holdings Limited ( (HK:1632) ) just unveiled an update.

Minshang Creative Technology Holdings Limited has announced an extension of a shareholder’s loan to Minshang Zhihui, a commonly held entity. The loan, originally set at HK$11,000,000, has been revised to HK$9,500,000 and extended from June 11, 2025, to June 11, 2026. This transaction is considered discloseable under Hong Kong’s Listing Rules due to its percentage ratios, necessitating notification and announcement. The loan will support Minshang Zhihui’s ordinary business operations, with specific undertakings to ensure financial stability and control over equity interests.

More about Minshang Creative Technology Holdings Limited

Average Trading Volume: 86,888

Technical Sentiment Signal: Sell

Current Market Cap: HK$198.3M

For a thorough assessment of 1632 stock, go to TipRanks’ Stock Analysis page.

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