The loan shall be repaid in full at any point on or after 1 July 2026.
NoonTalk Media entered into a $2m interest-free loan agreement with company CEO, Dasmond Koh Chin Eng.
As of 9 October, Koh holds a deemed interest of an aggregate of 123,844,288 ordinary shares in Noontalk Media, representing a 62.55% stake in the company.
Noontalk Media shall repay the loan in full at any point on or after 1 July 2026.
The company intends to use the loan for working capital, business expansion, and cash flow purposes.