Wan Kei Group Holdings Limited (HK:1718) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Wan Kei Group Holdings Limited, through an indirect wholly-owned subsidiary, has entered into a loan agreement with an independent third party, providing a HK$7,000,000 loan at an 8% annual interest rate, repayable in six months. This transaction is classified as discloseable under the Listing Rules, implying certain reporting and announcement obligations for the company. The loan is unsecured and allows for early repayment with sufficient notice.
For further insights into HK:1718 stock, check out TipRanks’ Stock Analysis page.