Termbray Industries Announces Major Loan Transaction

Termbray Industries International (Holdings) Limited (HK:0093) has released an update.

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Termbray Industries International (Holdings) Limited’s subsidiary, X8 Finance, has entered into a significant loan agreement, marking a major transaction for the company. This move, involving a loan to a borrower and backed by guarantors, triggers various disclosure and approval requirements under Hong Kong’s Listing Rules. Shareholders’ approval was obtained, allowing the transaction to proceed without a general meeting.

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