Oi Wah Pawnshop Credit Holdings Ltd. (HK:1319) has released an update.
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Oi Wah Pawnshop Credit Holdings Ltd. has announced the provision of a 12-month loan agreement with undisclosed customers, featuring a principal amount of HK$22,960,000.00 at an 11.75% interest rate, secured by a residential property and parking space in Kowloon Tong. The transaction, which exceeds 5% of the company’s applicable percentage ratios, is classified as discloseable and financed through the company’s working capital.
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