IN BRIEF: AIQ agrees third interest-free loan from company director
11th Nov 2024 12:16
AIQ Ltd - company focused on acquiring and developing e-commerce sector businesses - Gets interest-free loan from Executive Director Li Chun Chung of USD130,000, to be used for working capital purposes. This follows a USD50,000 interest-free loan agreed in September with Chung, as well as a USD100,000 loan in July, bringing to total owed to Chung to USD280,000. All the loans are repayable upon demand, but AIQ notes that Chung does not intend to request repayment of any loans before March 31 next year. Read More