HONG KONG, Nov. 04, 2026 (GLOBE NEWSWIRE) — Magic Empire Global Limited (“MEGL” or the “Company”, Nasdaq: MEGL) today announced that it has secured a dedicated credit facility of US$100 million (the “Facility”) from Anyu International Limited (“AIL”) to fund its cross-border timber supply chain trading business. The Facility provides dedicated, medium-term capital support for the Company’s timber procurement and cross-border trade settlement, and marks another concrete step in MEGL’s strategic transformation into commodity trade and the timber industrial supply chain.

Dedicated capital for the timber trading chain

The Facility is dedicated exclusively to MEGL’s cross-border timber supply chain trading business, covering the procurement, import, warehousing, logistics, insurance and related trade settlement of timber products such as logs, sawn timber, wood chips and panels. With a five-year term subject to annual review, the Facility is intended to give the Company a stable, dedicated funding source that matches the long cycle of timber procurement, shipment and settlement, reducing reliance on short-term or project-by-project financing and improving capital turnover efficiency across the trade chain.

Synergy with the SIN HOPEWAY strategic cooperation

The Facility is expected to work in tandem with the previously announced five-year timber strategic cooperation framework with SIN HOPEWAY PTE. LTD. (“SIN HOPEWAY”), which contemplates an aggregate transaction value of up to US$500 million. Under that cooperation, MEGL is building upstream timber sourcing arrangements; the Facility is designed to fund those procurement activities and to ensure stable capital turnover for procurement, shipment and settlement within the cross-border trade chain. Together, the two arrangements are intended to form an integrated “sourcing + funding” structure, enabling the Company to convert upstream supply resources into executed trade flows and to support larger-scale, more predictable timber transactions.

Advancing the strategic transformation into commodity trade

Through its strategic transformation, MEGL has expanded into commodity trade and the timber industrial supply chain, and has built a business system that integrates physical trade with supply chain services. The Facility strengthens the capital foundation of the timber trading business and supports the Company’s continued development in European and American timber markets, drawing on the cross-border commodity trade resources and operational experience of its new shareholder team. The Company believes the Facility will enhance its ability to pursue scaled growth in its commodity trading business and to deepen its presence across the timber supply chain.

About the Facility

The Facility is a dedicated facility available for five years from the date of the facility letter, subject to annual review. Drawdowns are subject to conditions customary for facilities of this nature, including trade authenticity and documentation requirements, timber-specific compliance verification, and margin, security and risk mitigation arrangements, as well as AIL’s (or the confirming financier’s) determination that such conditions are satisfied. The undrawn portion of the Facility is suspended pending AIL’s written confirmation of each annual review outcome. Further details are set out in the facility letter.

About Magic Empire Global Limited

Magic Empire Global Limited is a company incorporated under the laws of the British Virgin Islands, whose Class A ordinary shares are listed on the Nasdaq Capital Market under the ticker “MEGL”. The Company is engaged in cross-border timber supply chain trading and related businesses.

Forward-Looking Statements

This announcement contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including statements regarding the expected use and benefits of the Facility, its intended synergy with the SIN HOPEWAY cooperation, and the Company’s strategic transformation and growth plans. These statements involve inherent risks and uncertainties, including risks relating to the satisfaction of drawdown conditions, the outcome of annual reviews, the availability of funding, timber price and exchange rate volatility, regulatory changes affecting cross-border timber trade, and the actual development of the Company’s timber trading operations. Actual results may differ materially from those expressed or implied in any forward-looking statement. The Company undertakes no obligation to update any forward-looking statement, except as required by applicable law.

Contact:
International Elite Capital
Annabelle Zhang
management@iecapitalusa.com
+1 (646) 866-7928


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