S-Enjoy Service Group Co., Ltd. (HK:1755) has released an update.
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S-Enjoy Service Group Co., Ltd. has entered into significant financial agreements with Seazen Holdings, involving a Loan Framework Agreement with a principal amount of RMB 1 billion and a separate Loan Agreement for RMB 120 million, both concluding by September 2027. These transactions are notable as they involve connected parties, namely Seazen Holdings, which is associated with the company’s controlling shareholder, Mr. Wang, triggering requirements for independent shareholder approval and adherence to specific Listing Rules due to their size and nature.
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