TIANGONG INT'L (00826) Secures HKD 78.2075 Million Loan from Licensed Bank in Hong Kong
Stock News
Oct 21, 2025
TIANGONG INT'L (00826) announced that on October 21, 2025, the company (as borrower) entered into a dividend loan financing agreement with a licensed bank in Hong Kong for a total amount of HKD 78.2075 million. This financing agreement is unsecured and interest-bearing, with a repayment term of one year. Under the agreement, the company's controlling shareholders, Mr. Zhu Xiaokun and Mr. Zhu Zefeng, are required to maintain direct or indirect beneficial ownership of no less than 45% of the company's equity during the availability period of the financing. As of the date of this announcement, Mr. Zhu Xiaokun and Mr. Zhu Zefeng collectively hold approximately 54.36% of the issued share capital of the company.
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