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FriendTimes Inc. Engages in Major Structured Deposit Agreements

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FriendTimes Inc. Engages in Major Structured Deposit Agreements

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An announcement from FriendTimes Inc. ( (HK:6820) ) is now available.

FriendTimes Inc. announced that its subsidiary, FriendTimes Technology, has entered into three Structured Deposit Agreements with Shanghai Pudong Development Bank, Suzhou Wuzhong Sub-branch, amounting to RMB90,000,000. These principal-protected deposits are considered a discloseable transaction under Hong Kong’s Listing Rules, requiring reporting and announcement but exempt from shareholder approval.

More about FriendTimes Inc.

FriendTimes Inc. is a company incorporated in the Cayman Islands, operating within the technology sector. It focuses on providing digital entertainment and technology services, primarily through its subsidiary, FriendTimes Technology.

Average Trading Volume: 5,664,922

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.98B

See more data about 6820 stock on TipRanks’ Stock Analysis page.

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