TSL Secures Extension of Corporate Loan Agreement

Reuters2025-11-14
TSL Secures Extension of Corporate Loan Agreement

Tse Sui Luen Jewellery (International) Limited $(TSL)$ has announced the successful extension and amendment of its existing corporate loan facility. On 14 November 2025, the company and a subsidiary, as guarantors, entered into an amended and restated facilities agreement with the borrower and financial institutions. The agreement includes specific performance obligations, notably requiring the Tse Family to remain the legal and beneficial owner of at least 36% of the company's issued share capital. Should this requirement not be met, lenders may demand immediate repayment or cancel the facility commitments. As of the announcement date, the Tse Family holds approximately 72.57% of the company's issued shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TSL - Tse Sui Luen Jewellery (International) Ltd. published the original content used to generate this news brief on November 14, 2025, and is solely responsible for the information contained therein.
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