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Uni-Bio Science Group Ltd. ( (HK:0690) ) has provided an update.
Uni-Bio Science Group Ltd. has announced an extension of loan maturity dates for certain connected transactions. The loans, originally set to mature between August and September 2025, have been extended to December 31, 2025. This extension involves loans to connected persons and is subject to specific reporting requirements under the Listing Rules, though it is exempt from circular and independent shareholders’ approval requirements. The loans are secured by patents and funded by the group’s internal resources, indicating a strategic move to manage financial obligations and maintain operational stability.
More about Uni-Bio Science Group Ltd.
Uni-Bio Science Group Ltd. is a company incorporated in the Cayman Islands, operating in the biotechnology and pharmaceutical industry. The company focuses on the development and commercialization of biopharmaceutical products.
Average Trading Volume: 18,867,990
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$720.8M
For a thorough assessment of 0690 stock, go to TipRanks’ Stock Analysis page.