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Oi Wah Pawnshop Credit Renews Key Tenancy Agreements

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Oi Wah Pawnshop Credit Renews Key Tenancy Agreements

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Oi Wah Pawnshop Credit Holdings Ltd. ( (HK:1319) ) just unveiled an announcement.

Oi Wah Pawnshop Credit Holdings Ltd. announced the renewal of tenancy agreements for several properties with Kwan Chart Holding, Chart Man Investments, and Kwan Chart Estate. These agreements, considered continuing connected transactions, are subject to certain reporting and review requirements under Hong Kong’s Listing Rules due to their aggregated value exceeding 5% of applicable percentage ratios. This move ensures the company’s operational continuity in its existing locations, potentially impacting its financial operations and stakeholder relations.

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 short-term secured financing solutions in Hong Kong.

YTD Price Performance: -15.84%

Average Trading Volume: 432,595

Technical Sentiment Signal: Sell

Current Market Cap: HK$357.9M

Learn more about 1319 stock on TipRanks’ Stock Analysis page.

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