Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
An announcement from Asian Citrus Holdings ( (HK:0073) ) is now available.
Asian Citrus Holdings Limited has announced an extension of a loan agreement involving its indirect wholly-owned subsidiary, Asian Citrus (H.K.) Company Limited, with Mr. Chen Wensheng as the borrower and Mr. Kung Chak Ming as the guarantor. The loan, valued at HK$3,000,000, has an extended maturity date from December 2024 to December 2025, with an interest rate of 8% per annum, and is secured by a guarantee from the guarantor. This extension categorizes the transaction as a discloseable transaction under Hong Kong’s Listing Rules, reflecting a noteworthy financial maneuver for the company, potentially impacting its financial positioning and stakeholder interests.
More about Asian Citrus Holdings
Asian Citrus Holdings Limited, through its subsidiaries, is engaged in the planting, cultivation, and sales of agricultural produce and the distribution of fruits and air conditioners within the People’s Republic of China.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.69M
For detailed information about 0073 stock, go to TipRanks’ Stock Analysis page.