EPI (HOLDINGS) (00689) Subsidiary Grants NZ$1.65 Million Loan Facility
Stock News
Dec 19, 2025
EPI (HOLDINGS) (00689) announced that on December 19, 2025, its New Zealand-based indirect wholly-owned subsidiary, EPI ESG Investment (New Zealand) Limited, entered into a loan agreement with borrower and mortgagor Mr. Lion Yang. Under the agreement, the lender agreed to provide a loan facility of NZ$1.65 million (approximately HK$7.425 million) with a repayment term of six months.
The directors believe that the loan facility aligns with the company's strategy to generate stable income and falls within the ordinary course of the group's money lending business. The terms of the loan agreement were negotiated fairly among the parties, taking into account prevailing commercial practices.
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