Jinyue Holdings (00070) issued an announcement. On March 5, 2024, JiaChuou Finance (a wholly-owned subsidiary of the company)...
According to the Zhitong Finance App, Jinyue Holdings (00070) issued an announcement. On March 5, 2024, Jiazuo Finance (a wholly-owned subsidiary of the company) signed a loan agreement I with the customer Song Zhihui (as the borrower). Jiazhuang Finance agreed to lend loan I of HK$3.5 million at an actual annual interest rate of 20.14% for a period of ten years. Loan I is secured by the first statutory charge on a residential property located in Hong Kong, China. An independent property valuer appointed by the company valued the property at HK$15 million on January 30, 2024.
Family Finance (as lender) entered into a loan agreement II with the customer Song Zhihui (as borrower), and Family Finance agreed to lend loan II of HK$1 million at an actual annual interest rate of 20.14% for a period of 10 years. Loan II is secured by the first statutory charge on a residential property located in Hong Kong, China. An independent property valuer appointed by the company valued the property at HK$4.2 million on January 30, 2024.