INFORMATION ON THE BORROWER Clause Samples

INFORMATION ON THE BORROWER. To the best knowledge, information and belief of the Directors having made all reasonable enquiries, the Borrower is a merchant and independent third party not connected with the Company and its connected persons.

INFORMATION ON THE BORROWER. The Borrower is a limited liability company established in the PRC and is principally engaged in real estate development with a number of property development projects in certain major cities in the PRC. FNES is indirectly holding 13.26% equity interest in the Borrower. Mr. ▇▇ ▇▇▇▇▇▇, being an Executive Director, is also a director of both FNES and the Borrower. To the best of the Directors’ knowledge, information and belief after having made all reasonable enquires, the Borrower is also owned as to 42.74% by the Parent Company and as to the remaining 44% by third parties independent of the Company and its connected persons as at the date of this announcement. Therefore, the Borrower is a connected person of the Company, and the Third Entrusted Loan provided by FNES to the Borrower under the Third Entrusted Loan Agreement constitutes a connected transaction of the Company under Chapter 14A of the Listing Rules.

INFORMATION ON THE BORROWER. The Borrower is a joint venture company established under the laws of the PRC with limited liability on 6 November 2018 and is owned as to 49% by the Lender and 51% by Yunnan Metropolitan. The Borrower is principally engaged in property development and investment in Yunnan Province, the PRC.

INFORMATION ON THE BORROWER. The Borrower, ▇▇▇▇ ▇▇▇▇▇▇▇ Financial Group Limited, is an investment holding company with its subsidiaries engaged in the business of securities and futures brokerage, securities margin financing, financial management and advisory services in Hong Kong. Certain subsidiaries of the Borrower are licensed corporations within the meaning of the Securities and Futures Ordinance and are licensed to carry out Type 1 (dealing in securities), Type 2 (dealing in futures contracts), Type 4 (advising on securities), Type 6 (advising on corporate finance), Type 8 (securities margin financing) and Type 9 (asset management) regulated activities. ▇▇. ▇▇▇ is the responsible officer for such licenses. The Borrower is an indirect wholly-owned subsidiary of Wisdom Wealth Resources Investment Holding Group Limited, a company listed on the Stock Exchange (stock code: 0007). The ultimate controlling shareholder of Wisdom Wealth Resources Investment Holding Group Limited is ▇▇. ▇▇▇ ▇▇▇ ▇▇▇▇. ▇▇. ▇▇▇ and ▇▇. ▇▇▇ are the executive directors of Wisdom Wealth Resources Investment Holding Group Limited. Both of them have abstained from voting for any board resolutions in relation to 2022 Loan Facility Agreement.

INFORMATION ON THE BORROWER. The Borrower is a company established in Vietnam and is an indirect 67% owned subsidiary of the Company. The remaining equity interest of the Borrower is owned as to 27% by Partner A and as to 6% by Partner B. The Borrower is principally engaged in the manufacturing of paper in Vietnam. REASONS FOR PROVIDING THE GUARANTEE The paper market in Vietnam is expanding quickly and it is expected that the existing production capacity of the Borrower is not sufficient to meet market demands in the coming years. For this reason, the Company has initiated the Project to increase the capacity of the Borrower, which the Company has put in much effort and time in negotiating with banks in PRC to provide a loan facility for the Project. The majority of the lenders under the Facility Agreement is PRC banks and provides the loan to the Borrower due to the close and long working relationships with the Group. As the Borrower is being operated and managed by the Group, with Partner A and Partner B being passive investors not involved in the day-to-day operations and management of the Borrower, the Company considers that it is necessary to provide 100% of the guarantee to enable the Borrower to obtain the funding required for its operation and development. Given that the Borrower is a non-wholly owned subsidiary of the Company and the funds obtained will be utilized by the Borrower in the Project and will be beneficial to long term development of the Group, the Directors (including the independent non-executive Directors) consider that the entering into of the Guarantee is fair and reasonable and in the interests of the Company and the Shareholders as a whole. LISTING RULES IMPLICATION Partner A is interested in 27% of the equity interest in the Borrower. It is therefore a substantial shareholder of the Borrower and a subsidiary level connected person of the Company. The provision of the Guarantee constitutes a financial assistance by the Company to Partner A and the other shareholder in the Borrower, and is a connected transaction for the Company for the purpose of the Listing Rules. Partner B owns less than 10% in the Borrower and is not considered as a connected person of the Company for the purpose of the Listing Rules. As the applicable ratios under the Listing Rules is more than 1% and less than 5%, the Guarantee will be subject to the reporting and announcement requirements but exempted from the requirement of independent shareholders’ approval under Chapter 14A of the ...

INFORMATION ON THE BORROWER. Customer BX is a PRC individual and is a lawyer. The Borrower is a new customer and has no previous relationship with the Group, and was approached by the Group through its network. To the best of the knowledge, information and belief of the Directors having made all reasonable enquiry, the Borrower is an Independent Third Party and not connected with the Group.

INFORMATION ON THE BORROWER. The Borrower is a limited company incorporated in Australia and is involved in the business of Australian residential property development. The Borrower is a wholly-owned subsidiary of FKP Limited which is a public company incorporated in Australia with limited liability. FKP Limited is part of the stapled entity, FKP Property Group, which is listed on the Australian Stock Exchange. The principal business of FKP Limited and its subsidiaries (“FKP Group”) are investment in, and management of, retail, commercial and industrial property and retirement villages; development of land and properties (residential, retail, commercial, industrial and retirement villages); and funds and asset management.

INFORMATION ON THE BORROWER. The Borrower, ▇▇▇▇ ▇▇▇▇▇▇▇ Financial Group Limited, is an investment holding company with its subsidiaries engaged in the business of securities and futures brokerage, securities margin financing, financial management and advisory services in Hong Kong. Certain subsidiaries of the Borrower are licensed corporations within the meaning of the Securities and Futures Ordinance and are licensed to carry out Type 1 (dealing in securities), Type 2 (dealing in futures contracts), Type 4 (advising on securities), Type 6 (advising on corporate finance), Type 8 (securities margin financing) and Type 9 (asset management) regulated activities. ▇▇. ▇▇▇ is the responsible officer for such licenses. In addition, ▇▇. ▇▇▇ and ▇▇. ▇▇▇ are the only directors sitting in the board of the Borrower and are in full control of the Borrower. As such, the Borrower is a Connected Person of the Company within the meaning of the Listing Rules. The Borrower is an indirect wholly-owned subsidiary of Hong Kong Finance Investment Holding Group Limited, a company listed on the Stock Exchange (stock code: 0007). The ultimate controlling shareholder of Hong Kong Finance Investment Holding Group Limited is ▇▇. ▇▇▇ ▇▇▇ ▇▇▇▇. ▇▇. ▇▇▇ and ▇▇. ▇▇▇ are the executive directors of Hong Kong Finance Investment Holding Group Limited. Both of them have abstained from voting for any board resolutions in relation to 2019 Loan Facility Agreement.

INFORMATION ON THE BORROWER. The Borrower is a company incorporated in the British Virgin Islands and its principal activity is investment holding. As at the date of this announcement, the Borrower is beneficially interested in 300,000,000 shares of the Listco (representing 75% of the issued share capital of the Listco as at the date of this announcement). The Directors confirmed that, to the best of their knowledge, information and belief having made all reasonable enquiry, the Borrower and its ultimate beneficial owners are third parties independent of the Group and its connected persons. INFORMATION ON THE GROUP The principal activity of the Company is investment holding. The major activities of the Group are currently provision of valuation and advisory services and financing services in Hong Kong. M Success, as the lender of the Loans, is an indirect wholly-owned subsidiary of the Company and is licensed to conduct money lending business in Hong Kong through the provision of unsecured and secured loans to customers under the provisions of the Money Lenders Ordinance (Chapter 163 of the laws of Hong Kong). REASONS FOR AND BENEFITS OF THE PROVISION OF THE LOANS Taking into account the principal business activities of the Group, the grant of the Loans to the Borrower is in the ordinary and usual course of business of the Group. The respective terms of the Loan Agreements (including the interest rate and the terms of the Loans) were negotiated on an arm’s length basis between M Success and the Borrower. The Directors consider that the grant of the Loans is financial assistance provided by the Group within the meaning of the GEM Listing Rules. The Directors are of the view that the respective terms of the Loan Agreements were entered into on normal commercial terms based on the Group’s credit policy. Taking into account the satisfactory financial background of the Borrower, the security provided by the Borrower and that revenue from the interest income is expected, the Directors consider that the respective terms of the Loan Agreements (including the interest rate and the terms of the Loans) are fair and reasonable and in the interests of the Company and its shareholders as a whole. IMPLICATION UNDER THE GEM LISTING RULES The Previous Loan Agreement, on a standalone basis, does not constitute a notifiable transaction of the Company under Chapter 19 of the GEM Listing Rules. Pursuant to Rule 19.22 of the GEM Listing Rules, the Loan Agreement and Previous Loan Agreement are aggregated a...