Zero Fintech Re-Categorizes Loan as Discloseable Transaction

Termbray Industries International (Holdings) Limited (HK:0093) has released an update.

Zero Fintech Group Limited has clarified that a HK$50 million loan transaction, previously considered a major transaction, has been re-categorized as a discloseable transaction under Hong Kong’s Listing Rules. This change means the loan will not require a circular to be issued to shareholders. The loan involves X8 Finance as the lender and Kowloon Investment Company as the borrower, with the latter owned by independent third parties.

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