---
title: "Legend Upstar Holdings Limited Announces HK$11 Million Mortgage Loan Agreement"
description: "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"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/258330605.md"
published_at: "2025-09-22T10:39:47.000Z"
---

# Legend Upstar Holdings Limited Announces HK$11 Million Mortgage Loan Agreement

> 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.

An announcement from Legend Upstar Holdings Limited ( (HK:0459) ) is now available.

Legend Upstar Holdings Limited, through its indirect wholly-owned subsidiary Legend Credit, has entered into a mortgage loan agreement to lend HK$11,000,000 at an interest rate of 10% per annum for a 12-month term. This transaction is classified as a discloseable transaction under the Listing Rules due to the applicable percentage ratios exceeding 5%, necessitating reporting and announcement requirements. The loan is secured by a first legal charge over a residential property in Tsuen Wan, Hong Kong, valued at approximately HK$20,000,000.

**More about Legend Upstar Holdings Limited**

**Average Trading Volume:** 522,987

**Technical Sentiment Signal:** Strong Sell

**Current Market Cap:** HK$142.6M

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.