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