K CASH Group (02483.HK) announced that its wholly-owned subsidiary, K Cash Quester Capital Co., has signed a loan agreement with Japan's crowdfunding company, Funds Group, with a total value of 1.82 billion Japanese yen (equivalent to approximately 97 million Hong Kong dollars). The loan will be used to expand K Cash Group's loan portfolio and operational funds, helping to optimize the group's capital structure, enhance overall competitiveness, and promote future development plans.

K CASH Group Executive Director and Chief Operating Officer Wong Cheuk Sze stated that this cooperation is an important milestone, enriching the group's financing channels and beneficial for optimizing the group's capital structure, laying a solid foundation for future business development. K Cash will continue to explore various opportunities to expand its sources of funding, supporting the group's future business strategy. (js/u)

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