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Oi Wah Pawnshop Credit Renews Tenancy Agreement Amidst Connected Transactions

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Oi Wah Pawnshop Credit Renews Tenancy Agreement Amidst Connected Transactions

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

Oi Wah Pawnshop Credit Holdings Ltd. announced the renewal of a tenancy agreement between its subsidiary, Oi Wah HK, and Full Honour for a property lease in Shatin, New Territories, from February 2025 to January 2026. This transaction, along with previous agreements, constitutes a series of continuing connected transactions under the Listing Rules, subject to reporting, announcement, and annual review requirements, but exempt from shareholder approval. The agreements’ aggregation was necessary due to their similar nature and common association with Mr. Chan and related entities.

More about Oi Wah Pawnshop Credit Holdings Ltd.

Oi Wah Pawnshop Credit Holdings Ltd. is a company primarily involved in the pawn loan industry. It operates as a pawnshop credit provider, focusing on secured financing solutions for individuals and businesses in need of short-term liquidity.

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €57.75M

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

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