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EPI (Holdings) Provides NZD1.95 Million Loan Through New Zealand Subsidiary

Story Highlights
  • EPI (Holdings) Limited focuses on investment, financial services, and ESG activities for diversified growth.
  • The company’s New Zealand subsidiary issued a six-month NZD1.95 million loan secured by a first mortgage.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
EPI (Holdings) Provides NZD1.95 Million Loan Through New Zealand Subsidiary

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The latest update is out from EPI (Holdings) Limited ( (HK:0689) ).

EPI (Holdings) Limited has announced that its New Zealand subsidiary has entered into a loan agreement to provide NZD1.95 million (approximately HKD8.775 million) to an independent third party. Secured by a first mortgage on property in Auckland, this six-month loan at 8% annual interest reflects the company’s strategic move to utilize internal resources effectively, fulfilling disclosure requirements under Hong Kong Stock Exchange regulations.

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 operates as an investment entity with a focus on financial services, ESG-related activities, and market transactions while leveraging its subsidiaries for diversified growth.

Average Trading Volume: 1,761,321

Technical Sentiment Signal: Hold

Current Market Cap: HK$125.7M

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

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