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Zall Smart Commerce Extends Loan Guarantees and Mortgages

Zall Smart Commerce Extends Loan Guarantees and Mortgages

Zall Smart Commerce Group Ltd. (HK:2098) has released an update.

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Zall Smart Commerce Group Ltd. has extended the terms of its guarantees and mortgages related to outstanding loans, initially announced in December 2022. The extended agreements involve a principal loan amount of approximately RMB293.2 million, with the transactions being categorized as discloseable under Hong Kong’s Listing Rules. This move signifies the company’s ongoing financial maneuvers to manage its loan obligations strategically.

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