ASTRUM FIN(08333) subsidiary intends to provide loan financing to Truesense Trading Limited.

date
23:14 19/11/2025
avatar
GMT Eight
Asthtrong Financial (08333) announces that on November 19, 2025, Loan Party A (an indirect wholly-owned...
ASTRUM FIN (08333) announces that on November 19, 2025, Lender A (an indirect wholly-owned subsidiary of Astra Capital Management Limited) entered into a loan financing agreement with Lender B (Baihui Securities Limited), Lender C (Jinlifeng Securities Limited), and Borrower (Truesense Trading Limited). According to this agreement, the lenders have agreed that the sole purpose is to provide funding for the payment of the target shares (common shares of the target company TIANGE (01980)) under the offer, with a total loan financing amount not exceeding HK$430 million. In this loan financing, Lender A has agreed to provide a loan financing amount not exceeding HK$110 million to the borrower, Lender B has agreed to provide a loan financing amount not exceeding HK$120 million to the borrower, and Lender C has agreed to provide a loan financing amount not exceeding HK$200 million to the borrower.