tiprankstipranks
EVA Precision Secures HKD300 Million UOB Facilities
Company Announcements

EVA Precision Secures HKD300 Million UOB Facilities

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

Pick the best stocks and maximize your portfolio:

EVA Precision Industrial Holdings Limited has secured significant banking facilities from United Overseas Bank Limited, amounting to HKD300 million, to enhance its trade finance and loan capabilities. The facilities come with specific performance conditions that the company’s controlling shareholders must maintain to avoid default. This financial maneuver is expected to bolster EVA Precision’s market position and operational flexibility.

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

Related Articles
TipRanks HongKong Auto-Generated NewsdeskEVA Precision Secures HKD400 Million Loan Amid Conditions
TipRanks HongKong Auto-Generated NewsdeskEVA Precision Secures HKD 400 Million Loan from HSBC
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