tiprankstipranks
Trending News
More News >

Alpha Professional Holdings Faces Loan Default Challenge

Story Highlights
Alpha Professional Holdings Faces Loan Default Challenge

Don’t Miss TipRanks’ Half-Year Sale

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1