Hong Kong‐listed CSI Properties Limited announced that on 26 May 2026 it acted as guarantor for a new term-loan facility totalling HK$891.96 million secured by its 50 percent-owned joint venture, Star Success International Limited.

The facility, provided by a syndicate of financial institutions, is dedicated to refinancing existing borrowings and covering land premium payments to the Hong Kong Government, professional fees, and construction costs. Final maturity falls 12 months after the first drawdown.

Key covenant: an event of default will be triggered if the Chung Family ceases to be the single-largest shareholder of CSI Properties or if Mr. Chung Cho Yee, Mico steps down as board chairman. Upon such breach, lenders may demand immediate repayment of all outstanding principal, accrued interest and related amounts.

CSI Properties will continue to disclose the status of these obligations in its interim and annual reports in accordance with Hong Kong Listing Rule 13.21.