Best Linking Limited, an indirect wholly-owned subsidiary of Best Linking Group Holdings Ltd., has been involved in a significant financial arrangement. As a borrower, Best Linking accepted a Facility Letter with DBS Bank (Hong Kong) Limited. Under the terms, Best Linking must remain an indirect wholly-owned subsidiary of the parent company. Additionally, Mr. YP Chan, the controlling shareholder, is required to continue as both a director of Best Linking and the single largest shareholder, maintaining at least a 50% beneficial interest in both entities. Currently, Mr. YP Chan holds a 75% beneficial interest. The subsidiary has also taken out a key man insurance policy with Manulife, further securing its operations.
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. Best Linking Group Holdings Ltd. published the original content used to generate this news brief on July 02, 2025, and is solely responsible for the information contained therein.