HONG KONG, Dec 14, 2020 - (ACN Newswire) - China Brilliant Global Limited ("China Brilliant Global" or "Company" together with its subsidiaries, the "Group"; HKEX stock code: 8026.HK) is pleased to announce that its indirect non-wholly owned subsidiary Brillink Banking Corporation Limited ("Brillink") has been granted an In-Principle Approval Letter (the "AIP Letter") by the AFSA for a licence (the "Licence") to carry on regulated activities in AIFC .According to the AIP Letter, the grant of the Licence is subject to Brillink fulfilling certain conditions and requirements imposed by the AFSA within the specified timeframe. After the license is granted, Brillink can carry on regulated activities to non-retail banking customers in AIFC, including accepting deposits, providing credit, advising on a credit facility, arranging a credit facility, and providing money services. With the Group's strategic planning and perseverance in developing banking business, it is confident that Brillink will satisfy these conditions and requirements within the timeframe imposed by AFSA. It is anticipated that the Licence will be granted by the AFSA to Brillink on or around [second quarter] of 2021. In ...

HONG KONG, Dec 14, 2020 - (ACN Newswire) - China Brilliant Global Limited ("China Brilliant Global" or "Company" together with its subsidiaries, the "Group"; HKEX stock code: 8026.HK) is pleased to announce that its indirect non-wholly owned subsidiary Brillink Banking Corporation Limited ("Brillink") has been granted an In-Principle Approval Letter (the "AIP Letter") by the AFSA for a licence (the "Licence") to carry on regulated activities in AIFC .According to the AIP Letter, the grant of the Licence is subject to Brillink fulfilling certain conditions and requirements imposed by the AFSA within the specified timeframe. After the license is granted, Brillink can carry on regulated activities to non-retail banking customers in AIFC, including accepting deposits, providing credit, advising on a credit facility, arranging a credit facility, and providing money services. With the Group's strategic planning and perseverance in developing banking business, it is confident that Brillink will satisfy these conditions and requirements within the timeframe imposed by AFSA. It is anticipated that the Licence will be granted by the AFSA to Brillink on or around [second quarter] of 2021. In ...