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Sunrise Shares Holdings Updates on Loan Disbursement and Agreement Variations

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Sunrise Shares Holdings Updates on Loan Disbursement and Agreement Variations

Elevate Your Investing Strategy:

The latest announcement is out from Sunrise Shares Holdings Ltd ( (SG:581) ).

Sunrise Shares Holdings Ltd., a company incorporated in Singapore, has announced updates regarding its loan agreements with lenders Mr. Huang Jyun-Ruei and Cybersec Technology Pte. Ltd. The company has received a loan disbursement of S$1.75 million from Mr. Huang and has entered into a second supplemental letter with Cybersec Technology to extend the loan disbursement period. The company currently does not have an immediate need to draw down on the loan from Cybersec Technology, and both parties have agreed to vary the loan disbursement period. All other terms of the loan agreement remain unchanged.

More about Sunrise Shares Holdings Ltd

YTD Price Performance: -15.00%

Average Trading Volume: 236,500

Technical Sentiment Signal: Buy

Current Market Cap: S$5.02M

Learn more about 581 stock on TipRanks’ Stock Analysis page.

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