Lending Overview - The company provided loans to 13 borrowers, including 2 corporate borrowers and 11 individual borrowers, with annual interest rates ranging from 5% to 7%[3]. - As of December 31, 2021, the total loan amounts included HKD 236 million to corporate borrower A and HKD 25 million to individual borrower D, with interest rates of 7% and 5% respectively[4]. - The company has a policy of offering a 6% annual interest rate for loans under HKD 10 million and a 7% rate for loans exceeding HKD 10 million[5]. Loan Approval Process - The company’s loan approval process considers the borrower's financial risk, repayment ability, and collateral provided[8]. - The company requires corporate borrowers to provide updated financial statements for loan approval, while individual borrowers are primarily involved in property investment[7]. - The company’s lending strategy includes assessing external market conditions and legal compliance when evaluating loan applications[10]. Management and Compliance - All loans are funded internally by the company, and the management committee consists of three senior management members, two of whom are also directors of the company[11]. - The company confirmed compliance with the listing rules regarding loans to related parties, with no agreements or arrangements made with related persons for outstanding loans[12]. Business Expansion - The company aims to expand its lending business by leveraging management's business and social networks to reach potential borrowers[7]. - The company has received shareholder approval for loans to corporate borrower A, indicating a significant commitment to this borrower despite the high loan amount[5].
未来世界控股(00572) - 2022 Q3 - 季度财报