Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
An update from EPI (Holdings) Limited ( (HK:0689) ) is now available.
EPI (Holdings) Limited has announced that its indirect wholly owned New Zealand subsidiary, EPI ESG Investment (New Zealand) Limited, has agreed to provide a secured loan facility of NZD3.01 million (about HK$13.55 million) to Harbour Light Limited for a term of five months at an interest rate of 6% per annum. The loan, funded by internal resources, is backed by a first mortgage over properties in Albany, Auckland and a personal guarantee from Zhen Wang, and qualifies as a discloseable transaction under Hong Kong listing rules, signalling the company’s continued use of structured, collateralised lending to generate short-term returns while modestly expanding its financing portfolio in New Zealand.
The most recent analyst rating on (HK:0689) stock is a Hold with a HK$0.19 price target. To see the full list of analyst forecasts on EPI (Holdings) Limited stock, see the HK:0689 Stock Forecast page.
More about EPI (Holdings) Limited
EPI (Holdings) Limited, incorporated in Bermuda and listed in Hong Kong, operates through subsidiaries including EPI ESG Investment (New Zealand) Limited. The group engages in investment and financing activities, with a focus on deploying internal resources into short- to medium-term lending transactions, including secured loans in overseas markets such as New Zealand.
Average Trading Volume: 4,960,395
Technical Sentiment Signal: Buy
Current Market Cap: HK$405M
Learn more about 0689 stock on TipRanks’ Stock Analysis page.