Connected transaction loan agreement
Filed with HKEX · Stock code 2033 · · 6 pages · English
Summary by 6ix AI
Time Watch Investments Ltd. has announced a connected transaction involving a loan agreement with an executive director and controlling shareholder, Mr. Tung Koon Ming, as the borrower. The loan agreement stipulates a principal amount to be provided at a specified interest rate for a term of one year. This transaction is classified as a connected transaction under the Listing Rules, requiring reporting but exempt from independent shareholder approval. The company believes that the loan will yield better returns on surplus cash resources, benefiting the group and shareholders.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Time Watch Investments Ltd. on 6ix
Earlier from Time Watch Investments
- LETTER TO NON-REGISTERED HOLDERS AND REQUEST FORM - Notice of Publication of Annual Report 2026
- LETTER TO REGISTERED SHAREHOLDERS AND REPLY FORM - Notice of Publication of Annual Report 2026
- PROXY FORM
- Notice of annual general meeting
- Grant of general mandates to issue and to repurchase shares, proposed re-election of directors, re-appointment of auditors, amendments to the articles of association and notice of annual general meeting
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