JS Global Lifestyle (01691): Lender intends to provide JS&W Global with a term loan facility in the amount of US$200 million

Zhito Finance APP News, JS Global Lifestyle (01691) has announced that the Company was notified by its controlling shareholder, JS&W Global Holding Limited Partnership (JS&W Global), that JS&W Global entered into a memorandum of understanding (MOU) on October 16, 2026 with a third party (the Lender) independent of the Company and its connected persons. Pursuant to the MOU, the Lender intends to provide JS&W Global with a term loan facility in the amount of US$200 million (the Loan), and prior to the provision of the Loan, JS&W Global will enter into a share pledge (the Pledge), pursuant to which part of the Company's shares held by JS&W Global (the Pledged Shares) will be pledged in favor of the Lender as collateral for the Loan.