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TBK & Sons Holdings Limited ( (HK:1960) ) has provided an announcement.
TBK & Sons Holdings Limited announced the issuance of a promissory note worth up to US$9.5 million through its wholly-owned subsidiary, TBKS Investments (B.V.I.) Ltd. The funds raised will be used as general working capital for the company’s operations in Malaysia and Hong Kong, potentially enhancing its financial flexibility and operational capacity.
More about TBK & Sons Holdings Limited
TBK & Sons Holdings Limited is a company incorporated in the Cayman Islands, operating primarily in Malaysia and Hong Kong. The company is involved in various business operations, with a focus on leveraging its subsidiaries for strategic financial activities.
Average Trading Volume: 165,789
Technical Sentiment Signal: Hold
Current Market Cap: HK$146M
See more insights into 1960 stock on TipRanks’ Stock Analysis page.