Legend Upstar (HKG:0459) unit Legend Credit agreed to extend a HK$10 million loan to an independent third party, a Thursday Hong Kong bourse filing said.
The loan has an effective interest rate of 10.15% per annum and will fall due on May 22, 2026.
A first legal charge/mortgage and rental assignment over a residential property in Tsuen Wan, Hong Kong, worth HK$19.5 million was pledged as security against the loan.
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