tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Legend Upstar Holdings Limited Announces HK$11 Million Mortgage Loan Agreement

Story Highlights
Legend Upstar Holdings Limited Announces HK$11 Million Mortgage Loan Agreement

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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 to lend HK$11,000,000 at an interest rate of 10% per annum for a 12-month term. This transaction is classified as a discloseable transaction under the Listing Rules due to the applicable percentage ratios exceeding 5%, necessitating reporting and announcement requirements. The loan is secured by a first legal charge over a residential property in Tsuen Wan, Hong Kong, valued at approximately HK$20,000,000.

More about Legend Upstar Holdings Limited

Average Trading Volume: 522,987

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$142.6M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1