Aceso Life Science Group Limited ( (HK:0474) ) has shared an announcement.
Aceso Life Science Group Limited has received a demand letter from a bank regarding two loan agreements, one of which is significant to the company’s operations. The significant loan, amounting to HK$270 million, has not yet matured, but the bank has demanded repayment due to a cross-default provision. The company is in discussions with the bank for an extension and advises caution to shareholders and potential investors.
More about Aceso Life Science Group Limited
Aceso Life Science Group Limited is a company incorporated in the Cayman Islands with limited liability, operating in the life sciences industry. The company is listed on the Hong Kong Stock Exchange and focuses on providing life science-related services and products.
YTD Price Performance: -24.00%
Average Trading Volume: 266,383
Technical Sentiment Signal: Buy
Current Market Cap: HK$280.5M
See more data about 0474 stock on TipRanks’ Stock Analysis page.