EPRINT GROUP (01884) Subsidiary Enters HK$9 Million Loan Agreement with Absolute Marine

Stock News09-22

EPRINT GROUP (01884) announced that its subsidiary has entered into a loan agreement involving a HK$4 million secured loan with a 12-month term provided to the borrower. On September 22, 2025, the subsidiary (as lender) entered into a loan agreement with Absolute Marine Limited (as borrower) and guarantors, pursuant to which the subsidiary agreed to grant a 24-month loan of HK$9 million. The subsidiary is primarily engaged in providing yacht financing in Hong Kong under the Money Lenders Ordinance. The subsidiary (as lender of the loan) is an indirect non-wholly owned subsidiary of the company. Considering the subsidiary's principal business activities, granting the loan to the borrower is conducted in the ordinary and usual course of business of the subsidiary and the group.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment