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International Alliance Financial Leasing Co., Ltd. ( (HK:1563) ) has issued an update.
Alliance International Education Leasing Holdings Limited has announced the extension of loan maturity dates for two significant loans. The company, through its wholly-owned subsidiary, has extended the maturity dates for loans with Borrower A and Borrower B, amounting to approximately HK$47,029,000 and HK$165,000,000, respectively. These extensions have been classified as discloseable transactions under the Hong Kong Stock Exchange’s Listing Rules, necessitating this announcement to ensure compliance and transparency. The company acknowledges past non-compliance with disclosure requirements and commits to strengthening internal controls and staff training to prevent future occurrences.
More about International Alliance Financial Leasing Co., Ltd.
Average Trading Volume: 1,386,774
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$333.1M
For an in-depth examination of 1563 stock, go to TipRanks’ Overview page.