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Beat Holdings Announces Partial Loan Repayment and Fundraising Plans

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Beat Holdings Announces Partial Loan Repayment and Fundraising Plans

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Beat Holdings ( (JP:9399) ) has provided an announcement.

Beat Holdings Limited has announced a partial repayment of USD2,805 thousand from its revolving credit facility, aiming to reduce interest expenses by replacing high-interest loans with lower-interest revolving bonds. The company is negotiating a fundraising scheme with H.a.N Group to issue stock acquisition rights and revolving bonds, which could impact its financial strategy and stakeholder interests.

More about Beat Holdings

Beat Holdings is a global investment company headquartered in Hong Kong, with subsidiaries in Japan, Singapore, Malaysia, Indonesia, China, and Canada. It is involved in acquiring and licensing intellectual property rights and provides mobile messaging services and software products through its subsidiaries.

Average Trading Volume: 193,260

Current Market Cap: Yen28.56B

See more data about 9399 stock on TipRanks’ Stock Analysis page.

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