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New Sparkle Roll International Settles Loan Dispute

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New Sparkle Roll International Settles Loan Dispute

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New Sparkle Roll International Group Limited ( (HK:0970) ) just unveiled an announcement.

New Sparkle Roll International Group Limited has announced a settlement regarding a loan dispute involving HK Huibo International Trading Limited and a guarantor. The company has agreed to a settlement of HK$4.3 million, which facilitates immediate recovery and circumvents the costs and uncertainties associated with further litigation or insolvency proceedings.

The most recent analyst rating on (HK:0970) stock is a Hold with a HK$0.59 price target. To see the full list of analyst forecasts on New Sparkle Roll International Group Limited stock, see the HK:0970 Stock Forecast page.

More about New Sparkle Roll International Group Limited

New Sparkle Roll International Group Limited is a company incorporated in Bermuda with limited liability, listed on the Hong Kong Stock Exchange. The company is involved in financial services, specifically through its indirect wholly-owned subsidiary, Forwell Finance Limited.

Average Trading Volume: 3,093,262

Technical Sentiment Signal: Hold

Current Market Cap: HK$371.4M

For a thorough assessment of 0970 stock, go to TipRanks’ Stock Analysis page.

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