SEACON (02409) announced that on September 23, 2025, an indirect wholly-owned subsidiary of the company, SG Xinde Investment (HK) Limited (as borrower), together with the company (as guarantor) and a bank (as lender), entered into a financing agreement. Under the agreement, the lender agrees to provide the borrower with a term loan facility of up to US$42 million, subject to the terms and conditions of the financing agreement. The repayment date for the financing is three years from the date of first drawdown, which may be extended to five years from the date of first drawdown upon mutual agreement between the parties.