Congratulations to Lukfook Group on securing a HK$326 million sustainability-linked loan!

Our client, Luk Fook Holdings (International) Limited (“Lukfook”) (Stock Code: 00590.HK), has successfully signed their inaugural sustainability-linked loan with DBS Bank (Hong Kong) Limited (“DBS Hong Kong”), which includes revolving credit facilities with an interest rate tied to Lukfook Group’s sustainability performance against an agreed set of Key Performance Indicators (KPIs).

Lukfook is a distinguished jewelry retailer with a significant market presence, specializing in the sourcing, designing, wholesaling, trademark licensing, and retailing of various gold, platinum, and gem-set jewelry products.

AVISTA Group is proud to provide technical support services for reviewing Lukfook's environmental goals, including energy consumption intensity and greenhouse gas emissions intensity across their operations and production activities, in connection with the application of this sustainability-linked loan.

Congratulations once again to Lukfook on its commendable journey toward green finance and decarbonization!