Future Bright Holdings (HK:0703) has released an update.
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Future Bright Holdings has secured a refinancing agreement with Hang Seng Bank for HK$129.16 million to replace existing facilities. This move aims to manage outstanding loans, with significant implications if the controlling shareholder’s stake falls below 37%. Currently, the controlling shareholder holds 41.31% of the company’s shares.
For further insights into HK:0703 stock, check out TipRanks’ Stock Analysis page.