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China First Capital Group Ltd. ( (HK:1269) ) has provided an update.
China First Capital Group Ltd. has entered into a funding agreement with an independent lender to secure a credit facility of up to HK$50 million. This funding is intended to support the company’s restructuring efforts, cover associated legal and professional fees, and maintain its working capital to ensure compliance with listing requirements. The agreement stipulates a 15% annual interest rate, with repayment due by the end of 2025 or upon the completion of the restructuring.
More about China First Capital Group Ltd.
Average Trading Volume: 2,085,811
Technical Sentiment Signal: Sell
Current Market Cap: HK$75.77M
For detailed information about 1269 stock, go to TipRanks’ Stock Analysis page.