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eprint Group Ltd. Announces HK$4 Million Yacht Finance Loan

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eprint Group Ltd. Announces HK$4 Million Yacht Finance Loan

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eprint Group Ltd. ( (HK:1884) ) has provided an announcement.

eprint Group Ltd. has announced a discloseable transaction involving a loan agreement through its subsidiary, YEIL, providing HK$4,000,000 to Absolute Marine Limited. The loan, secured against a yacht and guaranteed personally, is set at a 12% annual interest rate over 12 months, reflecting the company’s strategic move to strengthen its financial services portfolio.

More about eprint Group Ltd.

eprint Group Ltd. operates in the finance industry, specifically providing finance for yachts in Hong Kong under the Money Lenders Ordinance. YEIL, a subsidiary of eprint Group Ltd., is engaged in this financial service.

Average Trading Volume: 359,024

Technical Sentiment Signal: Sell

Current Market Cap: HK$59.95M

Learn more about 1884 stock on TipRanks’ Stock Analysis page.

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