Fingertip (06860.HK) announced earlier that its wholly owned subsidiary FT Entertainment had entered into a total of 4 loan agreements with multiple borrowers. It is reported that FT Entertainment has agreed to provide a total loan of USD 0.14 billion.

Fingers pointed out that lending to borrowers is to finance the company's idle funds at key moments. The terms of the loan agreement are drawn up on normal commercial terms by the Group after fair consultation with the borrower. The terms of each loan agreement are fair and reasonable and provide loans to borrowers in the overall interests of the company and its shareholders. (js/w)

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