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Sunrise Shares Holdings Ltd. Secures S$5 Million in Loan Agreements

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Sunrise Shares Holdings Ltd. Secures S$5 Million in Loan Agreements

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Sunrise Shares Holdings Ltd ( (SG:581) ) has issued an update.

Sunrise Shares Holdings Ltd. announced the entry into three loan agreements totaling S$5 million, involving an interest-free loan from its CEO, Mr. Huang Jyun-Ruei, and interest-bearing loans from Cybersec Technology Pte. Ltd. and Mr. Xue Jie. The agreement with Mr. Huang, considered an ‘interested person transaction,’ does not require shareholder approval due to its interest-free nature, highlighting the company’s commitment to transparency by voluntarily disclosing this transaction.

More about Sunrise Shares Holdings Ltd

Sunrise Shares Holdings Ltd., incorporated in Singapore, operates in the financial industry. It engages in various activities through its subsidiaries, focusing on investments and financial services.

YTD Price Performance: 25.00%

Average Trading Volume: 1,307,082

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$7.38M

Learn more about 581 stock on TipRanks’ Stock Analysis page.

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