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China Vered Financial Holding Corporation Limited ( (HK:0245) ) has shared an announcement.
China Vered Financial Holding Corporation Limited has issued a supplemental announcement in relation to a previously disclosed transaction, clarifying details about the counterparty to the deal. The company confirmed that the grantor involved is a special purpose vehicle owned by Gaw Capital Credit Fund I, which is a registered investment fund.
The fund is managed by Gaw Capital Asset Management (SG) Pte. Ltd. and is described as having a broad investor base that is independent of China Vered, underscoring the arm’s-length nature of the transaction. The company also stated that all other information previously announced in connection with the transaction remains unchanged, indicating no alteration to the deal’s core terms or structure.
More about China Vered Financial Holding Corporation Limited
China Vered Financial Holding Corporation Limited is a Hong Kong-incorporated financial services company listed on the Stock Exchange of Hong Kong. It operates within the broader financial sector, engaging in investment and related financing activities, and is overseen by a board comprising executive, non-executive and independent non-executive directors.
YTD Price Performance: -5.50%
Average Trading Volume: 368,956
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1.9B
Learn more about 0245 stock on TipRanks’ Stock Analysis page.