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Seacon Shipping Group Holdings Ltd. ( (HK:2409) ) just unveiled an announcement.
Seacon Shipping Group Holdings Limited announced a major transaction involving a Loan Facility and Guarantee Agreement with a Joint Venture. The agreement includes a maximum loan facility of USD50 million and guarantees up to USD230 million, subject to reporting and shareholder approval under the Hong Kong Stock Exchange listing rules. The transaction highlights Seacon’s strategic financial commitments to support its business ventures, reflecting its robust financial operations and potential for growth within the shipping industry.
More about Seacon Shipping Group Holdings Ltd.
Seacon Shipping Group Holdings Limited operates in the shipping industry and focuses on providing maritime shipping services. The company is incorporated in the Cayman Islands and is publicly listed on the Hong Kong Stock Exchange.
YTD Price Performance: 9.43%
Average Trading Volume: 11,695
Technical Sentiment Consensus Rating: Sell
For detailed information about 2409 stock, go to TipRanks’ Stock Analysis page.
