tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Global International Credit Group Renews Loan Agreements

Story Highlights
  • Global International Credit Group Limited renews twelve loan agreements totaling HK$30,582,947.
  • The transaction is classified as discloseable under Hong Kong’s Listing Rules, indicating its significance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Global International Credit Group Renews Loan Agreements

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Global International Credit Group Ltd. ( (HK:1669) ) is now available.

Global International Credit Group Limited announced the renewal of twelve secured loan agreements with three customers, totaling HK$30,582,947. This move replaces fourteen previous loan agreements and is classified as a discloseable transaction under Hong Kong’s Listing Rules, reflecting the company’s ongoing commitment to its core lending operations.

More about Global International Credit Group Ltd.

Global International Credit Group Limited is engaged in the money lending business, providing property mortgage loans and personal loans in Hong Kong under the Money Lenders Ordinance. GICL, a wholly-owned subsidiary of the company, acts as the lender for these loans.

Average Trading Volume: 200,000

Technical Sentiment Signal: Buy

Current Market Cap: HK$316M

For an in-depth examination of 1669 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1