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Graphex Group Renews HK$21 Million Revolving Loan Facility

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Graphex Group Renews HK$21 Million Revolving Loan Facility

Elevate Your Investing Strategy:

Graphex Group Limited ( (HK:6128) ) has provided an update.

Graphex Group Limited has announced the renewal of its Revolving Loan Facility with Earthasia Worldwide Holdings Limited. The Sixth Renewal Agreement, effective from April 1, 2025, extends a HK$21 million loan at a 12% annual interest rate until December 31, 2027. This transaction is classified as a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, requiring notification and announcement but exempt from shareholder approval.

More about Graphex Group Limited

Graphex Group Limited is a company incorporated in the Cayman Islands, primarily involved in the electric vehicle and new materials industry. The company is listed on the Hong Kong Stock Exchange under the stock code 6128.

YTD Price Performance: 475.00%

Average Trading Volume: 2,314,707

Technical Sentiment Signal: Buy

Current Market Cap: HK$54M

Find detailed analytics on 6128 stock on TipRanks’ Stock Analysis page.

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