EPI (HOLDINGS) Subsidiary Grants NZ$3 Million Loan Facility

Stock News
Mar 05

EPI (HOLDINGS) (00689) announced that on March 5, 2026, after trading hours, the lender, an indirect wholly-owned subsidiary of the company in New Zealand, entered into a loan agreement with the borrower, mortgagor, and guarantor. Under this agreement, the lender has agreed to provide the borrower with a loan facility of NZ$3 million (approximately HK$13.8 million), with a repayment term of eight months. The directors believe that the provision of the loan facility by the lender aligns with the company's strategy to generate stable income and constitutes part of the group's ordinary and usual business operations in money lending. The terms of the loan agreement were negotiated fairly between the contracting parties, with reference to prevailing commercial practices.

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