UTS Marketing Solutions Holdings Ltd. (HK:6113) 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
UTS Marketing Solutions Holdings Ltd. has negotiated a fifth extension agreement with Exsim, allowing for the repayment of a RM12,000,000 advance in four installments with 12% annual interest. The repayments are scheduled from September 2024 to June 2025, under the condition that all payments are made on time. This strategic move, considered by the Directors to be in the best interest of the Company and its shareholders, is aimed at maximizing the financial resources and potential returns compared to traditional bank deposits.
For further insights into HK:6113 stock, check out TipRanks’ Stock Analysis page.