Nameson Holdings Ltd. (HK:1982) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Nameson Holdings Limited has secured a three-year term loan facility totaling HK$200 million, contingent on Mr. Wong Ting Chung and his family maintaining majority control with over 50% shareholding. A default on this agreement would result in the immediate repayment of the loan. The company will disclose this in its interim and annual reports as required by the Listing Rules.
For further insights into HK:1982 stock, check out TipRanks’ Stock Analysis page.