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Arrail Group Waives Default Interest Amid Positive Loan Negotiations

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Arrail Group Waives Default Interest Amid Positive Loan Negotiations

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Arrail Group Ltd. ( (HK:6639) ) has shared an update.

Arrail Group Limited, a company incorporated in the British Virgin Islands and continued in the Cayman Islands, announced a supplemental update regarding its loan agreement. The company has waived a default interest amounting to US$53,041 due to positive negotiations for a loan extension and additional collateral provided by the borrower. The waiver is considered fair and reasonable, aiming to maintain a strong relationship with the borrower and minimize financial losses.

More about Arrail Group Ltd.

Average Trading Volume: 1,131,539

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.38B

Find detailed analytics on 6639 stock on TipRanks’ Stock Analysis page.

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