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Oi Wah Pawnshop Credit Holdings Ltd. ( (HK:1319) ) has shared an update.
Oi Wah Pawnshop Credit Holdings Ltd. announced a discloseable transaction involving the provision of financial assistance through two loans. The company extended a HK$22,000,000 loan to Customer A and entered into a supplemental agreement to extend the repayment date. Additionally, a separate loan was granted to Customer B, and due to the association between the customers and timing of the agreements, the transactions were aggregated under listing rules. This aggregation results in a discloseable transaction, subject to notification and announcement requirements, potentially impacting the company’s financial operations and regulatory obligations.
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 financial assistance. The company focuses on providing secured short-term loans, catering to individuals and businesses in need of immediate liquidity.
YTD Price Performance: -2.71%
Average Trading Volume: 241,078
Technical Sentiment Signal: Sell
Current Market Cap: HK$413.7M
For an in-depth examination of 1319 stock, go to TipRanks’ Stock Analysis page.
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