tiprankstipranks
Trending News
More News >

China First Capital Group Secures HK$50 Million Funding for Restructuring

Story Highlights
China First Capital Group Secures HK$50 Million Funding for Restructuring

Don’t Miss TipRanks’ Half-Year Sale

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.

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