Brief: Million Stars Holdings Says Provision Of Unsecured Loan To Independent Third Party
12/04/2024 17:00
April 12 (Reuters) - Million Stars Holdings Ltd
8093.HK :
* PROVISION OF UNSECURED LOAN TO INDEPENDENT THIRD PARTY
* ON 31 MAY 2023 SHANGHAI WANXING NETWORK TECHNOLOGY ENTERED
LOAN
AGREEMENT WITH SHANGHAI XIJIU NETWORK TECHNOLOGY
* LOAN CONSTITUTED A DISCLOSEABLE TRANSACTION AND ADVANCE TO
ENTITY UNDER GEM LISTING RULES
* UNDER LOAN AGREEMENT EACH OF PARTIES AGREED TO PROVIDE
FACILITY
OF UP TO RMB20 MILLION
* NON-COMPLIANCE INCIDENT WAS ONE-OFF INADVERTENT OVERSIGHT
CAUSED
BY DRASTIC CHANGES OF PERSONNEL DURING 2022, 2023
Further company coverage: 8093.HK
((Reuters.Briefs@thomsonreuters.com;))
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