GME Group obtains HK$50.00 million revolving and import-invoice facility; controlling shareholders must retain ≥50 % stake

Bulletin Express05-06

GME Group Holdings Limited announced that its indirect wholly owned subsidiary, Good Mind Engineering Limited (GMEHK), has signed a facility letter with a licensed Hong Kong bank for combined revolving loan and import-invoice financing totalling up to HK$50.00 million. The credit line, linked to two construction contracts, is available from 5 May 2026 without a fixed maturity, but remains subject to the lender’s periodic review and right to demand repayment at any time.

Under the facility’s specific-performance conditions, the Company’s controlling shareholders—Mr. Chuang Chun Ngok Boris, Mr. Chuang Wei Chu, Ms. To Yin Ping and Ms. Chuang Yau Ka—must collectively maintain at least 50 % of GME Group’s issued share capital, and Mr. Chuang Chun Ngok Boris must remain as chairman throughout the life of the facility. As of the announcement date (6 May 2026), the four controlling shareholders jointly hold approximately 60.8 % of the Company.

GME Group stated it will continue to observe the ongoing disclosure requirements of GEM Listing Rule 17.23 for as long as these control-related obligations remain in force.

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