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EVA Precision Secures HK$300M Hang Seng Loan
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EVA Precision Secures HK$300M Hang Seng Loan

Eva Precision Industrial Holdings Limited (HK:0838) has released an update.

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EVA Precision Industrial Holdings Limited, a company listed on the Hong Kong Stock Exchange, has announced the acceptance of a HK$300 million term loan facility from Hang Seng Bank, with specific performance obligations for the controlling shareholders. These include maintaining a minimum 35% of issued share capital and the Chairman’s position. Breach of these conditions will lead to immediate repayment demands and cancellation of the undrawn loan.

For further insights into HK:0838 stock, check out TipRanks’ Stock Analysis page.

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