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AIQ Limited Secures Interest-Free Loan from Executive Director

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AIQ Limited ( (GB:AIQ) ) just unveiled an update.

AIQ Limited, a company listed on the London Stock Exchange, has entered into a loan agreement with its Executive Director, Li Chun Chung, for an interest-free, unsecured loan of GBP100,000. This loan is intended for working capital purposes and is repayable on demand. The transaction is considered a related party transaction due to Mr. Li’s position in the company. Independent directors have deemed the terms of the loan fair and reasonable for shareholders, indicating a careful consideration of stakeholder interests.

More about AIQ Limited

YTD Price Performance: 33.33%

Average Trading Volume: 30,534

Technical Sentiment Signal: Hold

Current Market Cap: £2.59M

For an in-depth examination of AIQ stock, go to TipRanks’ Stock Analysis page.

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