Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from Alpha Professional Holdings Ltd. ( (HK:0948) ) is now available.
Alpha Professional Holdings Ltd. announced that its subsidiary, Willis Trading Limited, has defaulted on a loan from AP Diamond Limited, amounting to approximately AUD6,500,000 and HK$10,662,000. The default has led to a demand for immediate repayment, with potential enforcement of securities if not resolved by 9 May 2025. The company is reviewing its financial position to address the situation, but expects that the default will not impact the operations of its other subsidiaries.
More about Alpha Professional Holdings Ltd.
Alpha Professional Holdings Ltd. is a company incorporated in Bermuda, operating in various sectors with a focus on investment properties. Its primary operations involve managing subsidiaries, including Willis Trading Limited, which holds significant assets such as investment properties in Australia.
Average Trading Volume: 60,483
Technical Sentiment Signal: Buy
Current Market Cap: HK$125.7M
Find detailed analytics on 0948 stock on TipRanks’ Stock Analysis page.