Wan Kei Group Holdings Limited (HK:1718) has released an update.
Wan Kei Group Holdings Limited, through an indirect wholly-owned subsidiary, has entered into a loan agreement with an independent third party, providing a HK$7,000,000 loan at an 8% annual interest rate, repayable in six months. This transaction is classified as discloseable under the Listing Rules, implying certain reporting and announcement obligations for the company. The loan is unsecured and allows for early repayment with sufficient notice.
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