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GBA Holdings Announces Discloseable Financial Assistance Agreement

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GBA Holdings Announces Discloseable Financial Assistance Agreement

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GBA Holdings Limited ( (HK:0261) ) has provided an update.

GBA Holdings Limited has announced a discloseable transaction involving a financial assistance agreement. CCT Finance, a subsidiary of GBA Holdings, has entered into a New Loan Agreement with borrower Lin Diexin to provide a loan of HK$6,500,000 for six months. This financial assistance is secured by a residential property and is aimed at settling a previous loan of the same amount. The transaction falls under the disclosable transaction category according to the Hong Kong Stock Exchange’s listing rules, given that the applicable percentage ratio exceeds 5% but is less than 25%.

More about GBA Holdings Limited

YTD Price Performance: -30.56%

Average Trading Volume: 5,550,400

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$87.31M

See more data about 0261 stock on TipRanks’ Stock Analysis page.

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