Kinetic Development issues supplemental update disclosing RMB11.51 million unpaid accrued interest under 2020 loan agreements

Reuters03-12
<a href="https://laohu8.com/S/KDGLF">Kinetic Development</a> issues supplemental update disclosing RMB11.51 million unpaid accrued interest under 2020 loan agreements

Kinetic Development Group issued a supplemental announcement that updated information in its earlier disclosure about the Third Supplemental Agreement to the 2020 Loan Agreement. The company said total unpaid interest accrued since 22 June 2020 amounted to RMB11.51 million. It said this unpaid interest will be repaid together with the loan principal at maturity on 31 December 2027. The company also said Zhang Li provided a personal guarantee covering the loan, the unpaid interest and future interest under the Third Supplemental Agreement.

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. Kinetic Development Group Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260312-12050125), on March 12, 2026, and is solely responsible for the information contained therein.

At the request of the copyright holder, you need to log in to view this content

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