Loan & DebtJun 18, 2026, 06:06 AM
JM Group Subsidiary Issues HK$15.065M Promissory Note to CEO
AI Summary
JM Group Limited's wholly-owned subsidiary, JM Manufacturing (HK) Limited, issued a promissory note to Mr. Chun Kwok Stanley Ting, the company's Chief Executive Officer, Chairman, and a major shareholder. The note is for a principal amount of up to HK$15,065,000. It bears no interest and the principal is due on May 31, 2033.
Key Highlights
- JM Manufacturing, a wholly-owned subsidiary, issued a promissory note.
- The note was issued to Mr. Chun Kwok Stanley Ting, CEO, Chairman, and major shareholder.
- Principal amount is up to HK$15,065,000.
- The note bears no interest.
- The principal amount is due and payable in full on May 31, 2033.
Price Impact
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