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Winfull Group Updates on Loan Transaction with Dragon Ride Entry
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Winfull Group Updates on Loan Transaction with Dragon Ride Entry

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The latest update is out from Winfull Group Holdings Limited ( (HK:0183) ).

Winfull Group Holdings Limited announced an update regarding a loan transaction involving its subsidiary, Luck Wise Investment Limited, and P L Technology Limited. The transaction, initially involving a revolving loan of HK$30,000,000, has seen amendments with the introduction of Dragon Ride Limited as an investor, who has taken over shares from a selling mortgagor. This development involves novation deeds and confirms Dragon Ride as a third party independent of the company, impacting the terms of the revolving loan and influencing the company’s strategic financial arrangements.

More about Winfull Group Holdings Limited

Winfull Group Holdings Limited is a company incorporated in the Cayman Islands with limited liability, focusing primarily on investment activities.

YTD Price Performance: 13.57%

Average Trading Volume: 91,722

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$90.14M

For a thorough assessment of 0183 stock, go to TipRanks’ Stock Analysis page.

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