STERLING GP (01825.HK): Receives Early Repayment, Remaining Outstanding Principal Approximately HK$105,000

NewTimeSpace News: STERLING GP disclosed in an announcement dated July 7 that the Company entered into the second repayment agreement with Santai and Mr. Cai. Santai made an early repayment of approximately HK$10.88 million to the Group on July 7, and Mr. Cai offset the outstanding principal of financial assistance with his receivable guarantee fee of approximately HK$10.88 million from SAL.

NewTimeSpace News: On July 7, 2026, STERLING GP (01825.HK) announced that pursuant to the second repayment agreement entered into with Santai and Mr. Cai, Santai made an early repayment of HK$10,881,568 to the Group on July 7. Mr. Cai offset the total outstanding principal of HK$10,987,001 under the financial assistance and the second tranche of financial assistance by way of his receivable guarantee fee of HK$10,881,568 from SAL.

As stated in the announcement, following this repayment, the total remaining outstanding principal under the financial assistance stands at approximately HK$105,000, with total outstanding accrued interest amounting to around HK$4.3 million.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.

×
Share to WeChat

Open WeChat, use the "Scan", and share to my Moments.