Symphony Holdings Limited (HK:1223) has released an update.
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Symphony Holdings Limited has announced new margin financing agreements with its executive directors, Mr. Cheng, Mr. Lee, and Ms. Fung, effective from January 1, 2025, to December 31, 2027. The agreements involve margin loans of up to HK$15 million and HK$10 million, with an interest rate of 3% over the Hong Kong Dollars prime rate, emphasizing their ongoing financial strategies. The transactions are classified as connected transactions under the Listing Rules but are exempt from certain approval requirements.
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