Matrix Holdings Limited (HK:1005) has released an update.
Matrix Holdings Limited has revised its working capital facilities, reducing the total from HK$70,000,000 to HK$64,000,000, effective 4th September 2024, with a key condition that major shareholder Mr. Cheng Yung Pun maintains a minimum of 51% shareholding. The revised facilities, which are subject to annual review and are uncommitted lines, will be used to finance the general trading operations of the company and its subsidiaries. The company will include disclosures in future interim and annual reports as required by the Listing Rules.
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