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UNQ Holdings Limited ( (HK:2177) ) has shared an update.
UNQ Holdings Limited, a company incorporated in the Cayman Islands, has announced a voluntary agreement to provide a guarantee for its indirect wholly-owned subsidiary, UNQ (Shanghai) Supply Chain Management Co., Ltd. The guarantee, amounting to RMB 70.0 million, is intended to secure the repayment obligations under a working capital loan agreement with the Bank of Shanghai. The Board believes this agreement is beneficial for the company and its shareholders, and it does not constitute a notifiable or connected transaction under the Hong Kong Stock Exchange Listing Rules.
The most recent analyst rating on (HK:2177) stock is a Buy with a HK$3.50 price target. To see the full list of analyst forecasts on UNQ Holdings Limited stock, see the HK:2177 Stock Forecast page.
More about UNQ Holdings Limited
Average Trading Volume: 140,065
Technical Sentiment Signal: Buy
Current Market Cap: HK$456.2M
Find detailed analytics on 2177 stock on TipRanks’ Stock Analysis page.