Common Contracts
1 similar Discloseable Transaction Supplemental Agreement contracts
DISCLOSEABLE TRANSACTION SUPPLEMENTAL AGREEMENT IN RELATION TO EXTENSION OF LOAN FACILITYDiscloseable Transaction Supplemental Agreement • April 18th, 2018
On 23 July 2018, a Loan Facility Agreement was entered into between the Lender, an indirect wholly-owned subsidiary of the Company, and the Borrower, pursuant to which the Lender agreed to provide the Borrower the Loan in an amount of HK$255 million for 45 days. On 6 September 2018, the parties entered into the Supplemental Agreement to the Loan Facility Agreement to extend the repayment date to 6 December 2018 and change the interest rate on the Loan from 6.75% per annum to 8.0% per annum. Save as disclosed herein, all other terms and provisions of the Loan Facility Agreement shall remain in full force and effect. All the interests of the Loan accrued up to 6 September 2018 under the Loan Facility Agreement have been repaid.
