EPI (Holdings) Limited (Stock Code: 689) has entered into two loan agreements through its indirect wholly owned New Zealand subsidiary, EPI ESG Investment (New Zealand) Limited, providing principal amounts of NZD700,000 (approximately HK$3,080,000) and NZD759,000 (approximately HK$3,340,000). The respective terms are six months and twelve months, both at an annual interest rate of 8%. The agreements involve separate borrowers, identified as fellow subsidiaries under the same ultimate shareholder, and the transactions have been aggregated under Hong Kong Listing Rules due to their related nature.

According to the details, the loans are secured by first mortgages over properties in Auckland, New Zealand, with loan-to-value ratios not exceeding 60%. A personal guarantee is also in place, ensuring repayment obligations. The facilities will be funded by internal resources of EPI (Holdings) Limited’s group.

The loan arrangements serve the company’s money lending business in New Zealand, which is one of its core operational segments alongside petroleum exploration, solar energy, and securities investments. Under Chapter 14 of the Listing Rules, the transaction qualifies as a discloseable transaction on the grounds that its percentage ratios exceed 5% but remain below 25%. EPI (Holdings) Limited states that these terms are reached after credit assessments on the borrowers, including collateral adequacy and personal guarantees, aligning with the group’s focus on well-secured short-term lending opportunities.