Nameson Holdings secures HK$250m loan, tied to family control

Nameson Holdings Limited, as borrower, and a bank as lender, entered into a facility letter on September 10, 2025, for a five-year term loan facility totaling up to HK$250 million.

A key condition of the facility letter is that Mr. Wong Ting Chung or his family members must maintain management control over Nameson Holdings and its subsidiaries. A breach of this specific performance obligation would trigger an event of default, making all outstanding amounts immediately due and payable.

As of the announcement date, Mr. Wong Ting Chung, Mr. Wong Ting Chun, and Mr. Wong Ting Kau collectively hold approximately 74.6% of the company's issued share capital, directly or indirectly. This includes 200 million shares beneficially owned by Mr. Wong Ting Chung and 1.5 billion shares held through Nameson Investments Limited, a subsidiary of Happy Family Assets Limited, where the aforementioned individuals are beneficiaries of Happy Family Trust.