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Best Linking Group Holdings Limited ( (HK:9882) ) has shared an announcement.
Best Linking Group Holdings Limited has announced the acceptance of a revised facility agreement with DBS Bank (Hong Kong) Limited, which includes an increased trading facility and a packing loan up to HK$20 million. This move is aimed at maintaining the company’s working capital and facilitating supplier payments. Additionally, the company has subscribed to a key man insurance policy with Manulife for Mr. LP Chan, an executive director, with Best Linking as the policyholder and beneficiary. These strategic financial decisions are expected to strengthen the company’s operational stability and safeguard its leadership structure.
More about Best Linking Group Holdings Limited
Best Linking Group Holdings Limited, incorporated in the Cayman Islands, operates in the financial industry, focusing on providing financial services and solutions. The company is primarily involved in managing financial facilities and insurance policies, with a market focus on maintaining robust financial operations and ensuring stakeholder interests are protected.
Average Trading Volume: 16,800
Technical Sentiment Signal: Sell
Current Market Cap: HK$536M
For an in-depth examination of 9882 stock, go to TipRanks’ Overview page.