An announcement has been issued by New Century Group (00234). On June 26, 2026, the company's indirect non-wholly-owned subsidiary, Easy Withdrawal Finance, acting as the lender, entered into a new loan agreement with a client, Mr. Cheng Yuanjun, as the borrower.
Under the terms of this new agreement, Easy Withdrawal Finance has agreed to grant the client a mortgage loan with a principal amount of HK$10.7 million. This loan is set for a term of 12 months.
Prior to the execution of this new loan agreement, Easy Withdrawal Finance, as lender, and the same client, as borrower, had a previous loan agreement in place. That earlier agreement provided a mortgage loan with a principal of HK$9.2 million, also for a 12-month period.
A portion of the funds from the new loan was utilized on June 26, 2026, to fully settle the outstanding principal amount from the previous loan.