GME Group's Subsidiary Secures HK$23 Million Credit Facility from Licensed Bank

Stock News09-16

GME GROUP (08188) has announced that its indirect wholly-owned subsidiary, GME Engineering Limited (GME Hong Kong), has entered into a facility letter with a licensed bank in Hong Kong, securing a new credit line for construction project financing.

Under the agreement, the bank has approved a revolving loan and import invoice financing facility totaling HK$23 million, designated specifically to support a construction contract held by GME Hong Kong. This banking facility became available on September 16, 2026, and has no fixed maturity date.

The utilization of this facility is subject to certain conditions, including periodic reviews by the bank and the bank's overriding right to demand repayment at its discretion, which may affect the drawdown of funds.

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