Shun Tak Subsidiary, Ace Promise Investments, Supports Joint Venture with Financial Assistance

Reuters

Jun 26

Shun Tak Subsidiary, Ace Promise Investments, Supports Joint Venture with Financial Assistance

Shun Tak Holdings Limited has announced its decision to provide financial assistance through its indirect wholly-owned subsidiary, Ace Promise Investments Limited (APIL). APIL, a company incorporated in the British Virgin Islands, is set to extend support to Ne xtor Holdings Limited (JVC), a joint venture held equally between APIL and a JV Partner. This move is part of Shun Tak Holdings Limited's broader strategy to bolster its joint venture's operations. The financial assistance aims to enhance the business prospects of the JVC Group, which includes the Borrower, Taipa Living Limited, a company incorporated in Macau.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shun Tak Holdings Limited published the original content used to generate this news brief on June 26, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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