New Century Group Subsidiary Provides Mortgage Loan Totaling HK$10.7 Million

Stock News
Jun 26

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.

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