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An announcement from Legend Upstar Holdings Limited ( (HK:0459) ) is now available.
Legend Upstar Holdings Limited, through its subsidiary Legend Credit, has entered into a mortgage loan agreement, providing a loan of HK$7,000,000 at an interest rate of 10.5% per annum for a 12-month term. This transaction is classified as a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, as it exceeds the 5% threshold for applicable percentage ratios, necessitating reporting and announcement requirements. The loan is secured by a first legal charge over a residential property in Ho Man Tin, Hong Kong, valued at approximately HK$16,000,000.
More about Legend Upstar Holdings Limited
YTD Price Performance: -6.25%
Average Trading Volume: 274,819
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$139M
See more data about 0459 stock on TipRanks’ Stock Analysis page.