tiprankstipranks
Trending News
More News >

Oi Wah Announces HK$67 Million Loan Agreements

Story Highlights
Oi Wah Announces HK$67 Million Loan Agreements

Confident Investing Starts Here:

Oi Wah Pawnshop Credit Holdings Ltd. ( (HK:1319) ) has shared an announcement.

Oi Wah Pawnshop Credit Holdings Ltd. has announced a discloseable transaction involving the provision of financial assistance through loan agreements with a total principal amount of HK$67,000,000. These loans, which are subject to certain listing rules due to their size, are aimed at renewing existing agreements and are secured by property in Fanling. This move is expected to impact the company’s financial operations and compliance with the Stock Exchange of Hong Kong’s regulations.

More about Oi Wah Pawnshop Credit Holdings Ltd.

Oi Wah Pawnshop Credit Holdings Ltd. operates in the financial services industry, primarily offering pawn loans and mortgage loans. The company focuses on providing financial assistance and credit solutions to individuals and businesses in Hong Kong.

YTD Price Performance: -15.84%

Average Trading Volume: 426,951

Technical Sentiment Signal: Sell

Current Market Cap: HK$357.9M

See more insights into 1319 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App