Innovax Holdings Limited ( (HK:2680) ) has provided an update.
Innovax Holdings Limited announced a renewal of a loan agreement through its subsidiary, Innovax Credit. The loan, valued at HK$5,000,000 with an interest rate of 8.5% per annum, is extended for 24 months. This transaction, classified as a discloseable transaction under Hong Kong’s Listing Rules, involves security in the form of a mortgage over a property in Tai Po, Hong Kong. The renewal reflects the company’s strategic financial management and compliance with regulatory requirements, potentially impacting its financial positioning and stakeholder interests.
More about Innovax Holdings Limited
Innovax Holdings Limited is a company incorporated in the Cayman Islands, operating primarily in the financial sector. It provides credit services through its subsidiary, Innovax Credit, focusing on loan agreements and financial transactions.
YTD Price Performance: 1.67%
Average Trading Volume: 12,940
Technical Sentiment Signal: Buy
Current Market Cap: HK$73.2M
See more data about 2680 stock on TipRanks’ Stock Analysis page.