China Financial Services Holdings Limited (HK:0605) has released an update.
China Financial Services Holdings Limited has announced a significant transaction involving the provision of a RMB7,500,000 loan to two customers for a six-month period, with an annual interest rate of 12%. The loan is secured with property and a corporate guarantee, and it entails monthly interest repayments with the principal due at maturity. This transaction is classified as discloseable under the Listing Rules due to its size, necessitating public disclosure and notification.
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