SUNeVision (1686) Announces HK$3.00 Billion Revolving Loan Facility Under Minimum Shareholding Requirements

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SUNeVision Holdings Ltd. signed a revolving loan facility agreement on 16 February 2026 through its wholly owned subsidiary, Grandwide Development Limited, for HK$3.00 billion with The Hongkong and Shanghai Banking Corporation Limited. The facility matures 2 years and 11 months from its first drawdown date and will be used to refinance existing borrowings and for the Group’s general working capital.

Under the agreement, Sun Hung Kai Properties Limited, the controlling shareholder currently holding approximately 73.29% of the issued share capital, must maintain at least 51% beneficial ownership or control of SUNeVision. Any default on this requirement entitles the lender to cancel all commitments and demand immediate repayment. The company will continue to disclose details in accordance with the relevant listing rules.

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The facility matures 2 years and 11 months from its first drawdown date and will be used to refinance existing borrowings and for the Group’s general working capital.</p>\n<p>Under the agreement, Sun Hung Kai Properties Limited, the controlling shareholder currently holding approximately 73.29% of the issued share capital, must maintain at least 51% beneficial ownership or control of SUNeVision. Any default on this requirement entitles the lender to cancel all commitments and demand immediate repayment. 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The facility matures 2 years and 11 months from its first drawdown date and will be used to refinance existing borrowings and for the Group’s general working capital.</p>\n<p>Under the agreement, Sun Hung Kai Properties Limited, the controlling shareholder currently holding approximately 73.29% of the issued share capital, must maintain at least 51% beneficial ownership or control of SUNeVision. Any default on this requirement entitles the lender to cancel all commitments and demand immediate repayment. The company will continue to disclose details in accordance with the relevant listing rules.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01686","symbol_name":"新意网集团","start_time":0,"source_url":"","article_id":"1199810633","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1199810633","pubTimestamp":1771225500,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"SUNeVision Holdings Ltd. signed a revolving loan facility agreement on 16 February 2026 through its wholly owned subsidiary, Grandwide Development Limited, for HK$3.00 billion with The Hongkong and...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01686":"新意网集团"},"translate_title":"新意网(1686)公布30亿港元最低持股要求循环贷款融资","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01686":1},"content_text":"SUNeVision Holdings Ltd. signed a revolving loan facility agreement on 16 February 2026 through its wholly owned subsidiary, Grandwide Development Limited, for HK$3.00 billion with The Hongkong and Shanghai Banking Corporation Limited. 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