GDH Guangnan (Holdings) Limited (HK:1203) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
GDH Guangnan (Holdings) Limited has secured a HK$250 million term loan facility to finance its fresh and live foodstuffs business’s working capital and refinance existing debts, with the condition of maintaining majority ownership by Guangdong Holdings and GDH Limited. The loan is for a 364-day term, and the company is bound to continuous disclosure in its financial reports as long as the obligations under the loan agreement persist.
For further insights into HK:1203 stock, check out TipRanks’ Stock Analysis page.