Sau San Tong Holdings Subsidiary Grants HK$9 Million Loan to Smart City Development Holdings

Reuters
2026.01.12 10:24
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Sau San Tong Holdings Limited's subsidiary, Sun Fung Capital Limited, has agreed to provide a HK$9 million loan to Smart City Development Holdings Limited for 48 months. This transaction is classified as a discloseable transaction under GEM Listing Rules, with relevant percentage ratios exceeding 5% but less than 25%. The loan is secured against an industrial property in Chai Wan, Hong Kong, valued at approximately HK$13 million.