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Zall Smart Commerce Announces Supplemental Disclosure on Loan Guarantee

Story Highlights
  • Zall Smart Commerce announced a supplemental disclosure about a loan guarantee.
  • Hubei Digital Trade has a loan agreement with ICBC Wuchang for RMB50 million, with a guarantee covering up to RMB153 million.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zall Smart Commerce Announces Supplemental Disclosure on Loan Guarantee

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Zall Smart Commerce Group Ltd. ( (HK:2098) ) has issued an update.

Zall Smart Commerce Group Ltd., a company incorporated in the Cayman Islands, announced a supplemental disclosure regarding a guarantee related to a loan agreement. The announcement details a loan agreement entered by Hubei Digital Trade with ICBC Wuchang for RMB50 million, with a guarantee provided by Hubei Provincial Cereals Oils and Foodstuffs Import and Export Group Co., Ltd. The guarantee covers up to RMB153 million, and the credit limit granted to Hubei Digital Trade is RMB300 million, with RMB250 million still available.

More about Zall Smart Commerce Group Ltd.

Average Trading Volume: 11,493,041

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.53B

For a thorough assessment of 2098 stock, go to TipRanks’ Stock Analysis page.

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