Neway Group Holdings Limited (HK:0055) has released an update.
Neway Group Holdings Limited has disclosed a transaction involving the provision of financial assistance to a borrower. A subsidiary of the company has entered into loan agreements, granting a loan of HK$2,000,000 in September, following a previous loan of HK$700,000 in January, both with a 12-month repayment term. This financial activity, particularly the September loan, is classified as a discloseable transaction under the Listing Rules due to its aggregated percentage ratios.
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