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Legend Upstar Holdings Enters HK$19 Million Mortgage Loan Agreement

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Legend Upstar Holdings Enters HK$19 Million Mortgage Loan Agreement

Confident Investing Starts Here:

An announcement from Legend Upstar Holdings Limited ( (HK:0459) ) is now available.

Legend Upstar Holdings Limited, through its indirect wholly-owned subsidiary Legend Credit, has entered into a mortgage loan agreement with borrowers and mortgagors, lending HK$19,000,000 at a 12% annual interest rate for a 12-month term. This transaction is classified as a discloseable transaction under the Listing Rules, as the loan amount exceeds 5% of the applicable percentage ratios. The loan is secured by first legal charges over residential properties in Hong Kong with an aggregate valuation of approximately HK$45,000,000.

More about Legend Upstar Holdings Limited

YTD Price Performance: -18.75%

Average Trading Volume: 402,393

Technical Sentiment Signal: Buy

Current Market Cap: HK$119.1M

See more data about 0459 stock on TipRanks’ Stock Analysis page.

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