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The latest announcement is out from Truly International Holdings ( (HK:0732) ).
Truly International Holdings Limited has entered into a HK$1,035,000,000 sustainability-linked term loan facility agreement with several banks, including The Bank of East Asia and OCBC Bank. The agreement includes specific performance covenants related to the company’s chairman, Mr. Lam Wai Wah, whose continued ownership and management control are crucial to avoid default. This financial arrangement underscores the company’s commitment to sustainability and may impact its financial stability and stakeholder confidence.
More about Truly International Holdings
Truly International Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the electronics industry. Its main products and services include opto-electronics and semiconductors, with a market focus on sustainability-linked financial solutions.
YTD Price Performance: -12.14%
Average Trading Volume: 700
Technical Sentiment Signal: Hold
Current Market Cap: $451.3M
For a thorough assessment of 0732 stock, go to TipRanks’ Stock Analysis page.