Global International Credit Group Ltd. (HK:1669) has released an update.
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.
Global International Credit Group Ltd. has announced a new secured loan agreement totaling HK$18 million, with a 10% annual interest rate, for a term of 12 months. This transaction involves sub-mortgages on various properties and personal guarantees, making it a noteworthy discloseable transaction under Hong Kong’s Listing Rules. The company continues to expand its footprint in the money lending sector by providing property mortgage and personal loans in Hong Kong.
For further insights into HK:1669 stock, check out TipRanks’ Stock Analysis page.