Legend Credit, an indirect wholly-owned subsidiary of Legend Upstar Holdings Limited, has entered into a significant financial transaction. On 22 May 2025, the company signed a Mortgage Loan Agreement with an independent third-party borrower and mortgagor, agreeing to lend a principal amount of HK$10,000,000. The loan carries an effective annual interest rate of 10.15% and is set for a repayment term of 12 months. Legend Credit is incorporated under the laws of Hong Kong and operates as a limited liability company, reflecting the broader investment and financial services activities of its parent group, Legend Upstar Holdings Ltd.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Legend Upstar Holdings Ltd. published the original content used to generate this news brief on May 22, 2025, and is solely responsible for the information contained therein.