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EPI (Holdings) Lends NZD1.65 Million in Secured Six-Month Loan via New Zealand Unit

Story Highlights
  • EPI (Holdings) uses its New Zealand unit to deploy internal resources into secured lending.
  • The company’s subsidiary granted a NZD1.65 million, six-month, 8% loan secured by Auckland property.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
EPI (Holdings) Lends NZD1.65 Million in Secured Six-Month Loan via New Zealand Unit

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EPI (Holdings) Limited ( (HK:0689) ) just unveiled an update.

EPI (Holdings) Limited, through its indirect wholly owned New Zealand subsidiary EPI ESG Investment (New Zealand) Limited, is expanding its investment and financing activities by deploying internal resources into secured lending as part of its broader capital allocation approach. The group uses this platform to provide interest-bearing, collateralised credit facilities, reflecting its role as an investment-oriented company with exposure to the New Zealand market. The company announced that its New Zealand subsidiary has entered into a loan agreement with an independent third party, providing a NZD1.65 million (approximately HK$7.43 million) loan facility for six months at 8% per annum, secured by a first mortgage over land and properties in Massey, Auckland. Funded entirely by internal resources, the transaction meets the thresholds for a disclosable transaction under Hong Kong listing rules, underscoring the growing significance of such lending activities in the group’s operations and signalling an incremental shift toward income-generating, asset-backed financing that may enhance returns while maintaining collateral protection for shareholders.

The most recent analyst rating on (HK:0689) stock is a Hold with a HK$0.21 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 in part through its New Zealand subsidiary EPI ESG Investment (New Zealand) Limited, which engages in investment and financing activities, including the provision of secured loans, as part of the group’s capital deployment strategy.

Average Trading Volume: 1,741,303

Technical Sentiment Signal: Sell

Current Market Cap: HK$123.8M

Learn more about 0689 stock on TipRanks’ Stock Analysis page.

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