China Financial Services Holdings Limited (HK:0605) has released an update.
China Financial Services Holdings Limited has issued a new loan of RMB10,000,000 to Customer F for a one-year term at an interest rate of 21.6% per annum, secured by a mortgage and personal guarantees. This transaction is significant enough to require announcement under the Listing Rules, as it represents a discloseable transaction for the company. The loan follows a previous six-month secured loan to the same customer, which has been fully settled.
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