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EPI (Holdings) Limited ( (HK:0689) ) has shared an update.
EPI (Holdings) Limited announced a disclosable transaction involving its New Zealand subsidiary, which has entered into a loan agreement with Sequoia Development Limited. The loan facility amounts to NZD2,000,000 with a 12-month term and an 8% annual interest rate, secured by a mortgage on properties in Auckland. This transaction is significant as it exceeds 5% of applicable percentage ratios under the Listing Rules, necessitating notification and announcement requirements. The loan will be funded by the company’s internal resources, potentially enhancing EPI’s financial position and market presence in the ESG investment sector.
More about EPI (Holdings) Limited
EPI (Holdings) Limited operates in the financial sector, providing investment and loan facilities. The company focuses on ESG (Environmental, Social, and Governance) investments, with a presence in New Zealand through its subsidiary, EPI ESG Investment (New Zealand) Limited.
Average Trading Volume: 1,825,517
Technical Sentiment Signal: Sell
Current Market Cap: HK$108.4M
Find detailed analytics on 0689 stock on TipRanks’ Stock Analysis page.