Legend Upstar Holdings Grants HK$15 Million Mortgage Loan at 9.5% Interest

Reuters

12/22

<a href="https://laohu8.com/S/00459">Legend Upstar</a> Holdings Grants HK$15 Million Mortgage Loan at 9.5% Interest

Legend Upstar Holdings Ltd. announced that its indirect wholly-owned subsidiary, Legend Credit, has entered into a mortgage loan agreement with certain borrowers and a mortgagor. Under the agreement, Legend Credit will provide a loan of HK$15,000,000 at an effective interest rate of 9.5% per annum, with a repayment term of 24 months. The loan is secured by a mortgage over specified properties. The transaction constitutes a discloseable transaction under Chapter 14 of the Hong Kong Listing Rules, as the applicable percentage ratios exceed 5% but are less than 25%. The company has provided detailed disclosures on the collateral and loan-to-value ratio to assist shareholders and potential investors in assessing the risks and repayment abilities associated with the loan.

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 via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251222-11963637), on December 22, 2025, and is solely responsible for the information contained therein.

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Under the agreement, Legend Credit will provide a loan of HK$15,000,000 at an effective interest rate of 9.5% per annum, with a repayment term of 24 months. The loan is secured by a mortgage over specified properties. The transaction constitutes a discloseable transaction under Chapter 14 of the Hong Kong Listing Rules, as the applicable percentage ratios exceed 5% but are less than 25%. The company has provided detailed disclosures on the collateral and loan-to-value ratio to assist shareholders and potential investors in assessing the risks and repayment abilities associated with the loan.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<i>Disclaimer: <span>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 via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251222-11963637), on December 22, 2025, and is solely responsible for the information contained therein.</span></i>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1097","symbol_name":"房地產服務","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251222:nNDL2FNpx0:1","article_id":"2593486946","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2593486946","pubTimestamp":1766398552,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Legend Upstar Holdings Ltd. announced that its indirect wholly-owned subsidiary, Legend Credit, has entered into a mortgage loan agreement with certain borrowers and a mortgagor. 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