Oxley Holdings Ltd. (SG:5UX) has released an update.
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Oxley Holdings Ltd. has announced that its subsidiary, Oxley Gem, has secured loan facilities totaling S$570 million, with S$542 million already utilized to refinance existing debt. The agreements include conditions that require key shareholders to maintain a significant stake in the company to avoid potential loan defaults. Investors should note the strategic financial maneuvers and the importance of shareholder control in safeguarding these financial arrangements.
For further insights into SG:5UX stock, check out TipRanks’ Stock Analysis page.
