Sterling Group secures full early settlement of HK$4.40 million loan exposure from Santai

Bulletin Express
07/13

Sterling Group Holdings Limited (Sterling Group) confirmed that Santai International has fully settled the remaining principal and interest—about HK$4.40 million—under two financing arrangements dated November 2023 and June 2024.

On 13 July 2026, Santai remitted HK$5.20 million to the Group. The payment first cleared the outstanding balances of the original Financial Assistance and Second Financial Assistance, both priced at an annual interest rate of 7%, and covered a residual HK$0.80 million in trade receivables owed to Sterling Apparel Limited (SAL).

The two facilities, initially extended by SAL, totalled HK$33.50 million. Prior to the latest transaction, Santai had made staged repayments of HK$10.00 million (24 Apr 2025), HK$3.30 million (30 Apr 2025), HK$6.00 million (8 May 2025), HK$8.00 million (15 May 2025), HK$30.00 million (29 Jun 2026) and HK$10.88 million (7 Jul 2026). All repayments were made without penalty, as permitted under the loan agreements.

Management stated that the complete recovery of the outstanding amounts strengthens the Group’s liquidity position and enhances its overall cash flow profile.

Trading in Sterling Group’s shares remains suspended on the Hong Kong Stock Exchange since 2 July 2026, pending publication of audited results for the year ended 31 March 2026. Shareholders and potential investors are advised to exercise caution when dealing in the Company’s securities.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10