--- title: "Pokfulam Development Guarantees HK$100 Million HSBC Loan Facility for Metrocenter Holdings" description: "Pokfulam Development Company Limited's subsidiary, Metrocenter Holdings Limited, has secured a HK$100 million loan facility from HSBC, with Pokfulam as the guarantor. The agreement includes a change-o" type: "news" locale: "en" url: "https://longbridge.com/en/news/277433584.md" published_at: "2026-03-02T08:56:26.000Z" --- # Pokfulam Development Guarantees HK$100 Million HSBC Loan Facility for Metrocenter Holdings > Pokfulam Development Company Limited's subsidiary, Metrocenter Holdings Limited, has secured a HK$100 million loan facility from HSBC, with Pokfulam as the guarantor. The agreement includes a change-of-control clause that allows the bank to demand immediate repayment if the Wong family directors lose at least 51% ownership or management control of Pokfulam. Pokfulam Development Company Limited said its wholly owned subsidiary Metrocenter Holdings Limited has finalized a HK$100 million term loan facility agreement with The Hongkong and Shanghai Banking Corporation Limited, with Pokfulam acting as guarantor. The company disclosed the facility includes a change-of-control clause under which the bank may cancel commitments and demand immediate repayment if the Wong family directors collectively cease to hold at least 51% beneficial ownership and/or management control of Pokfulam. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pokfulam Development Company Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260302-12035322), on March 02, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) ### Related Stocks - [00005.HK - HSBC HOLDINGS](https://longbridge.com/en/quote/00005.HK.md) - [HSBC.US - HSBC](https://longbridge.com/en/quote/HSBC.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | HSBC Approves $3.93 Billion Variable Pay, Up 10% From 2024 | HSBC Approves $3.93 Billion Variable Pay, Up 10% From 2024 | [Link](https://longbridge.com/en/news/276927157.md) | | Key facts: HSBC to meet $1.5B cost-cutting target early; raises lending goal | HSBC's CEO Georges Elhedery stated the bank will meet its $1.5 billion cost-cutting target six months early, focusing on | [Link](https://longbridge.com/en/news/276963445.md) | | Singapore Loans Increase to SG$887.5 Billion in January | Singapore Loans Increase to SG$887.5 Billion in January | [Link](https://longbridge.com/en/news/277142381.md) | | HSBC Holdings Tasks Banks to Line Up Bids for Indonesian Consumer Business | HSBC Holdings Tasks Banks to Line Up Bids for Indonesian Consumer Business | [Link](https://longbridge.com/en/news/277137304.md) | | The private credit market has a growing AI problem | The private credit market has a growing AI problem | [Link](https://longbridge.com/en/news/277025694.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.