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EPI (Holdings) Limited Provides NZD1.57 Million Loan to Highrise Apartments

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EPI (Holdings) Limited Provides NZD1.57 Million Loan to Highrise Apartments

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An announcement from EPI (Holdings) Limited ( (HK:0689) ) is now available.

EPI (Holdings) Limited, through its wholly-owned New Zealand subsidiary, has entered into a Loan Agreement to provide a loan facility to Highrise Apartments Limited. The loan, amounting to NZD1,570,000, is secured by a first mortgage on properties in Auckland and is backed by personal guarantees from Ms. Liang and Ms. Wang. This transaction is classified as a discloseable transaction under Hong Kong’s Listing Rules, requiring notification and announcement due to its size relative to the company’s assets.

More about EPI (Holdings) Limited

Average Trading Volume: 1,835,151

Technical Sentiment Signal: Hold

Current Market Cap: HK$113.9M

Find detailed analytics on 0689 stock on TipRanks’ Stock Analysis page.

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