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Best Mart 360 Holdings Ltd. ( (HK:2360) ) has shared an announcement.
Best Mart 360 Holdings Ltd. has announced that its subsidiary, CIAO International Limited, has entered into a RMB65,000,000 credit facility agreement with a bank to support liquidity management and business operations. The agreement includes provisions that could trigger default if the company ceases to be listed on the Stock Exchange or if China Merchants Hoi Tung Trading Company Limited loses control over the borrower. Additionally, the company provided supplemental information regarding the emoluments of its CEO, Mr. Hui Chi Kwan, in its annual reports for the years ending March 2019 to 2022.
The most recent analyst rating on (HK:2360) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on Best Mart 360 Holdings Ltd. stock, see the HK:2360 Stock Forecast page.
More about Best Mart 360 Holdings Ltd.
Best Mart 360 Holdings Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the retail industry. It operates through its wholly-owned subsidiary, CIAO International Limited, and focuses on providing a variety of consumer goods.
Average Trading Volume: 838,137
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.09B
See more data about 2360 stock on TipRanks’ Stock Analysis page.