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Oi Wah Pawnshop Credit Holdings Ltd. ( (HK:1319) ) has issued an announcement.
Oi Wah Pawnshop Credit Holdings Ltd. announced a discloseable transaction involving a loan agreement with a customer, where Oi Wah CL will provide a HK$28 million loan for 12 months at an interest rate of 13.5% per annum. The loan is secured by a commercial property in Central, Hong Kong, valued at approximately HK$74.48 million, and is subject to the listing rules of the Hong Kong Stock Exchange, highlighting the company’s active role in secured lending and its compliance with regulatory requirements.
More about Oi Wah Pawnshop Credit Holdings Ltd.
Oi Wah Pawnshop Credit Holdings Ltd. operates in the financial services industry, primarily providing secured financing solutions. The company focuses on offering loans secured by real estate and personal property, catering to clients in need of financial assistance.
YTD Price Performance: -8.14%
Average Trading Volume: 495,349
Technical Sentiment Signal: Sell
Current Market Cap: HK$379.1M
For a thorough assessment of 1319 stock, go to TipRanks’ Stock Analysis page.