JUSTIN ALLEN H(01425.HK): Over HK$242 Million in Financial Product Subscriptions to Enhance Capital Utilization Efficiency
NewTimeSpace News: JUSTIN ALLEN H(01425.HK) released an announcement on January 30, 2026, to supplement the disclosure of the group’s recent financial product subscriptions. The subscriptions involve two financial institutions, HSBC Bank and Standard Chartered Bank, and the relevant transactions constitute a discloseable transaction as defined by the listing rules.
According to the announcement, during the subscription period from September 3, 2025, to January 14, 2026, JUSTIN ALLEN H accumulated subscriptions to multiple principal-guaranteed financial products. All funds are sourced from the group’s internal resources, aiming to fully utilize idle capital, improve capital use efficiency, and without affecting daily operations and working capital. Among them, the outstanding amount with HSBC Bank is US$14 million (equivalent to approximately HK$109 million), and the outstanding amount with Standard Chartered Bank is US$17 million (equivalent to approximately HK$133 million), with a total outstanding amount of about HK$242 million.
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