Marketingforce Management (HKG:2556) said its subsidiary Shanghai Trueland agreed to provide an unsecured loan of up to 300 million yuan to Zhao, the company's controlling shareholder, chairman and chief executive.
The nine-month loan, which may be disbursed in installments, will be used for Zhao's personal financial arrangements, according to a Friday Hong Kong bourse filing.
Shares of the marketing and sales software company fell 4% in recent trade.
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