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Termbray Industries International (Holdings) Limited ( (HK:0093) ) has shared an announcement.
Termbray Industries International (Holdings) Limited, through its indirect wholly-owned subsidiary X8 Finance, is involved in financial transactions, specifically loan agreements. The company focuses on providing secured loans, as evidenced by recent agreements involving significant principal amounts secured by mortgages. The announcement details two major loan agreements entered into by X8 Finance, totaling HK$92,000,000, which are classified as major transactions under Hong Kong’s Listing Rules due to their size relative to the company’s assets. These transactions have been approved by the majority shareholders, negating the need for a special general meeting, and a circular with further details will be dispatched at a later date. This move underscores the company’s strategic financial positioning and compliance with regulatory requirements.
More about Termbray Industries International (Holdings) Limited
Average Trading Volume: 13,714
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.6B
For detailed information about 0093 stock, go to TipRanks’ Stock Analysis page.