Winfull Group Updates Loan Terms with Extended Flexibility

Winfull Group Holdings Limited (HK:0183) has released an update.

Winfull Group Holdings Limited has entered into a supplemental loan agreement, extending the availability and conversion periods of a HK$30 million revolving loan to P L Technology Limited. The revised terms allow for a conversion price that gradually increases over a seven-year period, starting at HK$2.00 and potentially reaching HK$2.30 per share. These adjustments aim to provide more flexibility and potential benefits to both parties involved in the loan agreement.

For further insights into HK:0183 stock, check out TipRanks’ Stock Analysis page.