Greenpro Capital Corp. (NASDAQ: GRNQ) Files An 8-K Entry into a Material Definitive AgreementItem 1.01. Entry into a Material Definitive Agreement.
On July 17, 2018, Greenpro Credit Limited, a wholly owned subsidiary of Greenpro Capital Corp. (the “Company”), entered into a loan agreement (the “Agreement”) with a third party, Shenzhen Rong Jin Jia Cheng Investment Limited (“SZRJJC”), to which the Company loaned SZRJJC $6,000,000. The Company has a money lending license and intends to make similar types of loans as part of its business operations going forward. The loan is secured by the assets of a subsidiary of SZRJJC, bears interest at 2% per annum, and is due August 1, 2020. The Agreement also contains standard event of default provisions in favor of the Company, including but not limited to, breaches of the terms of the Agreement, bankruptcy, insolvency and litigation. In the event of a default by SZRJJC, the Company can demand immediate repayment of the loan. SZRJJC is an entity based in Shenzhen, People’s Republic of China. The Company made the loan to SZRJJC as part of the Company’s plans to expand its business in the People’s Republic of China.
The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the complete text of the Agreement filed as Exhibit 10.1 hereto.
Item 9.01. Financial Statement and Exhibits.
Greenpro Capital Corp. ExhibitEX-10.1 2 ex10-1.htm 日期：2018年7月17日 Date : 17 July 2018 深圳融金嘉成投資有限公司 Shenzhen Rong Jin Jia Cheng Investment Limited ____ (“借款人”) (“Borrower”) 與 綠專信貸有限公司 (Greenpro Credit Limited) (“貸款人”) (“Lender”) 貸款協議 Loan Agreement 本協議由以下各方於2018年7月17日共同簽訂： This Loan Agreement was signed by the following parties on 17 July 2018: (1)深圳融金嘉成投資有限公司，营业执照号码：91440300MA5DRATD36，其住址為深圳市前海深港合作区前湾一路1号A栋201室. (“借款人”)；及 Shenzhen Rong Jin Jia Cheng Investment Limited,…To view the full exhibit click