-+ 0.00%
-+ 0.00%
-+ 0.00%

RAFFLESINTERIOR (01376) was granted unsecured revolving loan financing with a maximum principal amount of HK$20 million

Zhitongcaijing·10/21/2026 14:57:09
Listen to the news

According to Zhitong Finance App, RAFFLESINTERIOR (01376) announced that on October 20, 2026, the Company signed a financial support agreement with Han Chen Holdings Limited (Han Chen) (the controlling shareholder of the Company). Based on this, Han Chen agreed to provide the Company with unsecured revolving loan financing (financial support) with a maximum principal amount of HK$20 million. Each withdrawal will accrue interest at an annual interest rate of not less than 4% and not more than 6%, and the effective interest rate will be determined at the time of withdrawal. Interest will be calculated and settled on a monthly basis. The term of the financial support agreement is one year from October 20, 2026 to October 19, 2027.