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EGL Holdings Secures Revised HK$36 Million Banking Facility

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EGL Holdings Secures Revised HK$36 Million Banking Facility

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EGL Holdings Company Limited ( (HK:6882) ) has provided an announcement.

EGL Holdings Company Limited announced that its subsidiary, EGL Tours Company Limited, has accepted a revised banking facility from its bank, amounting to HK$36,000,000. This facility includes a revolving loan and corporate credit card, subject to periodic bank reviews and certain conditions, such as maintaining key management positions and a minimum shareholding structure. The agreement underscores the company’s strategic financial management and its commitment to maintaining stability in its operations and market positioning.

More about EGL Holdings Company Limited

EGL Holdings Company Limited operates in the travel and tourism industry, primarily offering travel-related services through its wholly-owned subsidiary, EGL Tours Company Limited. The company focuses on providing comprehensive travel solutions and maintains a significant market presence in Hong Kong.

Average Trading Volume: 500,444

Technical Sentiment Signal: Sell

Current Market Cap: HK$271.3M

Find detailed analytics on 6882 stock on TipRanks’ Stock Analysis page.

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