Min Xin Holdings Secures HK$390 Million Revolving Loan Facility
Min Xin Holdings Limited has entered into a new facility agreement with a bank, securing an uncommitted revolving loan facility of up to HK$390 million. Under the terms of the facility letter signed on 11 December 2025, the bank retains the right to modify, cancel, or suspend the facility at its sole discretion, and may demand immediate repayment of any outstanding amounts. The agreement also requires Min Xin Holdings Limited to ensure that its controlling shareholder, Fujian Investment & Development Group Co., Ltd. (FIDG), continues to hold at least 50% of the company's issued share capital during the term of the facility. Breach of this condition would constitute an event of default, making all amounts under the facility immediately due and payable. As of the announcement date, FIDG holds approximately 59.53% of the company's issued share capital.
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