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Sunrise Shares Holdings Ltd ( (SG:581) ) has issued an update.
Sunrise Shares Holdings Ltd. announced the entry into three loan agreements totaling S$5 million, involving an interest-free loan from its CEO, Mr. Huang Jyun-Ruei, and interest-bearing loans from Cybersec Technology Pte. Ltd. and Mr. Xue Jie. The agreement with Mr. Huang, considered an ‘interested person transaction,’ does not require shareholder approval due to its interest-free nature, highlighting the company’s commitment to transparency by voluntarily disclosing this transaction.
More about Sunrise Shares Holdings Ltd
Sunrise Shares Holdings Ltd., incorporated in Singapore, operates in the financial industry. It engages in various activities through its subsidiaries, focusing on investments and financial services.
YTD Price Performance: 25.00%
Average Trading Volume: 1,307,082
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$7.38M
Learn more about 581 stock on TipRanks’ Stock Analysis page.