The Board announces that on 30 July 2019, E Finance Limited (the Lender), an indirect wholly-owned subsidiary of the Power Financial Group Limited (Company), entered into the Revolving Loan Agreement with the Borrower, an Independent Third Party, whereby the Facility of up to HKD 30,000,000 bearing interest at a rate of 9% per annum was granted by the Lender to the Borrower. Any drawdown of the Facility shall be of a minimum of HKD 1,000,000; and an integral multiple of HKD 500,000. All advance(s) under the Facility shall mature on the date falling twelve months from 30 July 2019.