Legend Upstar Subsidiary Legend Credit Secures HK$10 Million Mortgage Loan Agreement

Reuters
May 22
Legend Upstar Subsidiary Legend Credit Secures HK$10 Million Mortgage Loan Agreement

Legend Credit, an indirect wholly-owned subsidiary of Legend Upstar Holdings Limited, has entered into a significant financial transaction. On 22 May 2025, the company signed a Mortgage Loan Agreement with an independent third-party borrower and mortgagor, agreeing to lend a principal amount of HK$10,000,000. The loan carries an effective annual interest rate of 10.15% and is set for a repayment term of 12 months. Legend Credit is incorporated under the laws of Hong Kong and operates as a limited liability company, reflecting the broader investment and financial services activities of its parent group, Legend Upstar Holdings Ltd.

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