tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Legend Upstar Holdings Announces HK$22 Million Mortgage Loan Agreement

Story Highlights
Legend Upstar Holdings Announces HK$22 Million Mortgage Loan Agreement

Claim 50% Off TipRanks Premium and Invest with Confidence

The latest update is out from Legend Upstar Holdings Limited ( (HK:0459) ).

Legend Upstar Holdings Limited, through its indirect wholly-owned subsidiary Legend Credit, has entered into a mortgage loan agreement to lend HK$22,000,000 to a borrower at an 11% interest rate for a 12-month term. This transaction is considered discloseable under Hong Kong’s Listing Rules due to its size, requiring public announcement and reporting. The loan is secured by a first legal charge over a residential property and car parking space in Pok Fu Lam, Hong Kong, valued at approximately HK$36,380,000.

The most recent analyst rating on (HK:0459) stock is a Hold with a HK$0.07 price target. To see the full list of analyst forecasts on Legend Upstar Holdings Limited stock, see the HK:0459 Stock Forecast page.

More about Legend Upstar Holdings Limited

Average Trading Volume: 311,186

Technical Sentiment Signal: Sell

Current Market Cap: HK$135.4M

For detailed information about 0459 stock, go to TipRanks’ Stock Analysis 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