Legend Upstar Holdings Limited Announces HK$11 Million Mortgage Loan Agreement
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Legend Upstar Holdings Limited has announced a mortgage loan agreement for HK$11 million at a 10% interest rate for 12 months. This transaction is classified as discloseable under Listing Rules due to exceeding 5% in applicable percentage ratios. The loan is secured by a first legal charge over a residential property in Tsuen Wan, Hong Kong, valued at approximately HK$20 million. The company's current market cap is HK$142.6 million with an average trading volume of 522,987.
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