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Golden Ponder Holdings Limited ( (HK:1783) ) has provided an update.
Golden Ponder Holdings Limited, operating under the name Envision Greenwise Holdings Limited, has entered into a financial agreement with C&Y Global Holdings, LLC. The company has agreed to provide a total of USD10 million in advances to the borrower, with an initial USD7 million and an additional USD3 million added later, at an interest rate of 5% per annum. This transaction has been classified as a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, due to the percentage ratios involved. The company has acknowledged a lapse in compliance with certain disclosure obligations and has committed to implementing remedial actions to prevent future occurrences.
More about Golden Ponder Holdings Limited
Average Trading Volume: 1,441,174
Technical Sentiment Signal: Buy
Current Market Cap: HK$10.15B
See more data about 1783 stock on TipRanks’ Stock Analysis page.