SE ASIA PPT (00252) Subsidiary Granted Term Credit Facility with Maximum Principal of HK$285 Million

Stock News

Aug 20, 2025

SE ASIA PPT (00252) announced that on August 20, 2025, Wah Kwok Hotel Properties Limited (a subsidiary of the Company) as borrower, and the Company together with Wah Kwok Hotel Management Limited and Nam Sing Plastic Factory Limited (both subsidiaries of the Company) as guarantors, entered into a credit agreement with a bank as lender. Under this credit agreement, the lender has granted the borrower a term credit facility with a maximum principal amount of HK$285 million. The credit facility will be utilized to refinance the borrower's existing debt and provide funding for outstanding construction costs and professional fees related to the superstructure works of Wah Kwok Hotel located at 7 Cameron Road, Tsim Sha Tsui, Kowloon, Hong Kong.

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Under this credit agreement, the lender has granted the borrower a term credit facility with a maximum principal amount of HK$285 million. The credit facility will be utilized to refinance the borrower's existing debt and provide funding for outstanding construction costs and professional fees related to the superstructure works of Wah Kwok Hotel located at 7 Cameron Road, Tsim Sha Tsui, Kowloon, Hong Kong.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00252","symbol_name":"华信地产财务","start_time":0,"source_url":"","article_id":"1197325652","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1197325652","pubTimestamp":1755693395,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"SE ASIA PPT (00252) announced that on August 20, 2025, Wah Kwok Hotel Properties Limited (a subsidiary of the Company) as borrower, and the Company together with Wah Kwok Hotel Management Limited and...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00252":"华信地产财务","BK1146":"金属与玻璃容器"},"translate_title":"东南亚PPT(00252)附属公司获授最高本金2.85亿港元定期信贷融资","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00252":1},"content_text":"SE ASIA PPT (00252) announced that on August 20, 2025, Wah Kwok Hotel Properties Limited (a subsidiary of the Company) as borrower, and the Company together with Wah Kwok Hotel Management Limited and Nam Sing Plastic Factory Limited (both subsidiaries of the Company) as guarantors, entered into a credit agreement with a bank as lender. 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