Mason Group Holdings Limited announced that lender has agreed to provide a Facility in the amount up to HKD 280,000,000 to the Borrower. The term of the Loan shall be extended with retrospective effect from the Extended Repayment Date to the Further Extended Repayment Date. The interest rate is set at 10% per annum on top of the Prime Rate quoted by HSBC. The interest rate was determined after arm's length negotiation between the Lender and the Borrower taking into account the prevailing market interest rates and practices. Each Interest Period for the Loan during the Further Extension Period shall be for a period of approximately one month (unless otherwise agreed by the Lender) with the next Interest Period commencing on the day following the last day of the preceding Interest Period. The first Interest Period shall start on the Extended Repayment Date. The Borrower shall pay accrued interest on the Loan on the last day of each Interest Period during the Further Extension Period. The Borrower made prepayment and repayment of the principal sum of the Loan of HKD 25,000,000 as of the date of this announcement. Pursuant to the Supplemental Deed, the Borrower shall repay HKD 5,000,000 of the principal amount of the Loan and all unpaid interest accrued thereon on the last day of each of the first five Interest Periods during the Further Extension Period, and the entire aggregate outstanding principal of the Loan, together with all unpaid interest accrued thereon, shall be repaid in full on the Further Extended Repayment Date. As at the date of this announcement, the outstanding principal sum of the Loan is HKD 255,000,000. Further extended repayment date is 6 May 2019.