[ET Net News Agency, 25 September 2019] Wang On Group Limited (01222) said its
subsidiary Fulling Limited has agreed to grant a loan to customers of the principal amount
of HK$80 million for a term of two months with an average interest rate of approximately
19.13% per annum.
The security is an unregistered second mortgage in respect of two properties situated in
Central, Hong Kong and Austin Road West, Kowloon with an aggregate current market value of
approximately HK$700 million. (RC)