China Financial Services Holdings Limited (HK:0605) has released an update.
China Financial Services Holdings Limited has provided a secured loan of RMB6,000,000 to Customer X under the Loan Agreement D, with a one-year term and an interest rate of 16.2% per annum, as announced on June 19, 2024. This transaction follows previous loans granted to the same borrower, with Loan A and Loan B already settled and Loan C having an outstanding principal of RMB2,600,000. The cumulative lending to Customer X by the company now totals RMB8,600,000, qualifying as a discloseable transaction according to the Listing Rules.
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