TOKYO, Mar 24 (Pulse News Wire) – Beat Holdings Limited (9399.T) extended its revolving credit facility agreement with Len Yi Han until March 13, 2026, increasing the credit limit to HKD ¥200 million. On March 13, 2026, the company decided to draw additional funds of ¥135 million from the facility to secure operational liquidity.
As of now, the total outstanding borrowings amount to approximately ¥1.518 billion, with estimated interest expenses up to December 31, 2026, totaling around ¥171 million. The exchange rates used for conversion purposes in this document are based on Mitsubishi UFJ Bank's customer telegraphic buying rate midpoint as of February 28, 2026, which is 1 Hong Kong dollar equals ¥20 and 1 US dollar equals ¥155.
Beat Holdings Limited, established under Cayman Islands law, operates globally with headquarters in Hong Kong and subsidiaries in Japan, Singapore, Malaysia, Indonesia, China, and Canada. Through its subsidiary Xinhua Mobile (Hong Kong) Limited, the company acquires intellectual property rights and licenses.
Additionally, through GINSMS Inc., listed on the Toronto Venture Exchange (TSXV: GOK), it provides mobile messaging services, software products, and specialized services.
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