Arrail Group cuts loan to Beier to US$6.5 million, extends term to 78 months

Reuters04-10
Arrail Group cuts loan to Beier to US$6.5 million, extends term to 78 months
  • Arrail Group amended loan agreement with Beier Holdings on April 10, 2026, extending maturity to 78 months from 42 months from Sept. 30, 2022.
  • Outstanding principal was cut to USD 6,487,476 from USD 7.5 million following USD 498,640 principal repayment.
  • Beier also paid USD 288,440 accrued interest.
  • Default interest of USD 12,920 was paid for nine-day repayment delay at 7.5% annual rate.
  • Security package was reduced via release of 18,000,000 pledged shares, leaving 33,337,150 shares pledged, valued at about HKD 61 million at HKD 1.83 per share.


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. Arrail 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-20260410-12102450), on April 10, 2026, and is solely responsible for the information contained therein.

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