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Legend Upstar (00459.HK) granted a loan of 25 million Hong Kong dollars.
Legend Upstar (00459.HK) announced on October 8 that on October 8, 2024, its indirectly wholly-owned subsidiary, Junlian Crediting, entered into a mortgage loan agreement with borrowers, mortgagors, and guarantors. Accordingly, Junlian Crediting agreed to grant a loan of HK$25 million to the borrower at an actual annual interest rate of 10.5%, with a repayment period of twelve months.
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