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eprint Group Ltd. ( (HK:1884) ) has issued an update.
eprint Group Ltd. announced a significant financial transaction involving its subsidiary, YEIL, which entered into a loan agreement with Absolute Marine Limited. The loan, amounting to HK$9,000,000 for a term of 24 months at an interest rate of 9.6% per annum, is considered a discloseable transaction under Hong Kong’s Listing Rules due to its size relative to the company’s financial metrics. This move reflects eprint Group’s strategic positioning in the financial services sector, specifically in yacht financing, and highlights its ongoing efforts to expand its financial assistance offerings.
More about eprint Group Ltd.
eprint Group Ltd. operates in the finance industry, primarily focusing on providing financial assistance for yachts in Hong Kong through its subsidiary YEIL, which is a non-wholly owned entity under the Money Lenders Ordinance.
Average Trading Volume: 491,560
Technical Sentiment Signal: Sell
Current Market Cap: HK$61.05M
Learn more about 1884 stock on TipRanks’ Stock Analysis page.