Oi Wah Pawnshop Grants Major Secured Loan

Oi Wah Pawnshop Credit Holdings Ltd. (HK:1319) has released an update.

Oi Wah Pawnshop Credit Holdings Ltd. has announced the provision of a HK$30 million loan to Customer A, with a 14.4% annual interest rate and a 12-month term, secured by a residential property. This transaction, combined with a previous loan within the last year to an associated customer, is classified as a discloseable transaction under Hong Kong Listing Rules, requiring public disclosure due to its size relative to the company’s scale.

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