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Nameson Holdings Ltd. ( (HK:1982) ) has provided an announcement.
Nameson Holdings Ltd. has entered into a five-year term loan facility agreement with a bank for up to HK$250,000,000. The agreement requires that Mr. Wong Ting Chung and his family maintain management control over the company, with any breach of this condition leading to an event of default. This agreement underscores the importance of the Wong family’s continued leadership in maintaining the company’s financial stability and operational continuity.
The most recent analyst rating on (HK:1982) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on Nameson Holdings Ltd. stock, see the HK:1982 Stock Forecast page.
More about Nameson Holdings Ltd.
Nameson Holdings Ltd. is a company incorporated in the Cayman Islands, primarily involved in the industry of manufacturing and selling knitwear products. The company focuses on providing high-quality knitwear to various markets and is significantly controlled by the Wong family.
Average Trading Volume: 1,098,367
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$2.01B
See more insights into 1982 stock on TipRanks’ Stock Analysis page.