tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Virtual Mind Completes Connected Loan Assignment Transaction

Story Highlights
  • Virtual Mind Holding has completed a discloseable and connected loan assignment transaction.
  • All conditions were fulfilled, deed executed on 30 January 2026 and HK$860,000 first instalment paid.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Virtual Mind Completes Connected Loan Assignment Transaction

Claim 50% Off TipRanks Premium

The latest announcement is out from Virtual Mind Holding Company Limited ( (HK:1520) ).

Virtual Mind Holding Company Limited has completed a discloseable and connected transaction involving the assignment of certain loans, following prior shareholder communications on the deal. The company announced that all conditions precedent have been satisfied, the deed of assignment was executed on 30 January 2026, and the first instalment payment of HK$860,000 has been made by the assignee to the assignor, marking formal completion of the loan assignment and reinforcing the group’s ongoing efforts to restructure or reallocate its credit exposure within its corporate structure.

The most recent analyst rating on (HK:1520) stock is a Sell with a HK$0.74 price target. To see the full list of analyst forecasts on Virtual Mind Holding Company Limited stock, see the HK:1520 Stock Forecast page.

More about Virtual Mind Holding Company Limited

Average Trading Volume: 2,750,954

Technical Sentiment Signal: Sell

Current Market Cap: HK$752M

Find detailed analytics on 1520 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1