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An announcement from New Century Group Hong Kong Limited ( (HK:0234) ) is now available.
New Century Group Hong Kong Limited, through its subsidiary ETC Finance, has entered into a New Loan Agreement to provide a mortgage loan of HK$9,200,000 to a customer for 12 months. This transaction, classified as a discloseable transaction under the Listing Rules, involves a mortgage loan secured by a residential property in Tsuen Wan, valued at HK$11,500,000, with an interest rate of 10.5% per annum. The loan proceeds were used to settle a previous loan, resulting in no cash outflow for the Group.
More about New Century Group Hong Kong Limited
Average Trading Volume: 1,752,931
Technical Sentiment Signal: Hold
Current Market Cap: HK$179.2M
For a thorough assessment of 0234 stock, go to TipRanks’ Stock Analysis page.