Global International Credit's Unit Extends HK$36 Million Loan

MT Newswires Live

2025/01/22

Global International Credit Group (HKG:1669) unit Global International Credit Limited agreed to grant a secured loan worth HK$36 million to an independent third party, a Tuesday bourse filing said.

The loan carries a 12% per annum interest rate and will fall due in 12 months.

A first legal charge/mortgage for a HK$68 million residential property in Discovery Bay was pledged as security for the loan.

Shares of the financial services company were down nearly 2% in recent trade.

Price (HKD): $0.53, Change: $-0.010, Percent Change: -1.85%

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