Summary by Moomoo AI
Cosmopol int'l Holdings Limited announced that its wholly-owned subsidiary Bizwise Investments Limited has signed a second supplemental agreement with Long Profits Investments Limited, a wholly-owned subsidiary of Regal Int'l Holdings Limited, to amend certain terms of the existing loan financing agreement. According to the new agreement, the maturity date of the total loan financing amount of 0.857 billion HKD will be extended from October 12, 2024, to October 12, 2027, and the interest rate will be changed from a fixed annual rate of 5% to one month Hong Kong Interbank Offered Rate plus 1.95%. The loan financing will continue to be secured by the equity of the mid-level holding companies of Cosmopol int'l in the Chengdu and Tianjin property projects. Cosmopol...Show More