EPI Unit Extends Nearly NZ$2 Million Loan to Independent Borrower

MT Newswires Live

2025/12/22

EPI (Holdings) (HKG:0689) said its indirect wholly owned New Zealand subsidiary has agreed to provide an NZ$1.7 million, or about HK$7.4 million, loan to an independent third party, according to a Dec. 19 Hong Kong bourse filing.

Shares of the oil explorer were up over 2% in Monday morning trade.

The six-month facility carries an interest rate of 8% per annum, with interest payable monthly, and is secured by a first mortgage over a property in Auckland.

The loan will be funded using the group's internal resources, the filing said.

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