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Oi Wah Pawnshop Credit Holdings Ltd. ( (HK:1319) ) has provided an announcement.
Oi Wah Pawnshop Credit Holdings Ltd. announced a discloseable transaction involving the provision of financial assistance through a loan agreement entered on June 27, 2025. The company will lend HK$20,920,000 to customers for 12 months, secured by a residential property and car parking space in Kowloon Tong, Hong Kong. This transaction, exceeding certain percentage ratios under the Listing Rules, requires notification and announcement. The loan will be funded by the company’s general working capital, potentially impacting its liquidity and financial operations.
More about Oi Wah Pawnshop Credit Holdings Ltd.
Oi Wah Pawnshop Credit Holdings Ltd. operates in the financial services industry, primarily providing pawn loans and mortgage loans. The company focuses on offering short-term financing solutions secured by personal property and real estate, catering to individuals and businesses in need of quick liquidity.
YTD Price Performance: -9.50%
Average Trading Volume: 548,424
Technical Sentiment Signal: Sell
Current Market Cap: HK$386.8M
For detailed information about 1319 stock, go to TipRanks’ Stock Analysis page.