PROVISION OF FINANCIAL ASSISTANCE AND SUPPLEMENTAL LOAN AGREEMENT

PROVISION OF FINANCIAL ASSISTANCE AND SUPPLEMENTAL LOAN AGREEMENT

19:28 28 November in Announcements and Notices
0 Comments

Reference is made to the announcement of Topsearch International (Holdings) Limited (the“Company”) dated 17 November 2016 (the “Announcement”) in relation to, among other matters, the provision of the Loan to the Borrower by the Lender, an indirect wholly-owned subsidiary of the

Company, pursuant to the Loan Agreement. Capitalised terms used herein have the same meanings as those defined in the Announcement unless the context requires otherwise.

As disclosed in the Announcement, the initial term of the Loan shall be six months commencing from the Drawdown Date.

The Board would announce that on 28 November 2016, the Borrower and the Lender entered into a supplemental loan agreement (“Supplemental Agreement”) pursuant to which, among other matters, the term of the Loan is amended to three months commencing from the Drawdown Date with

immediate effect from the date of the Supplemental Agreement, while all other terms and conditions stated therein remain unchanged.