Wisdom Wealth Resources Investment Holding Group Limited (HK:0007) has released an update.
Wisdom Wealth Resources Investment Holding Group Limited has entered a strategic Funding Agreement with a Hong Kong-based lender for a credit facility of up to HK$50 million. This funding aims to support the company’s restructuring and resumption plans, covering costs like legal and professional fees, and enhancing its working capital. The lender, recognized as an independent third party, may play a crucial role as a white knight in the company’s restructuring efforts.
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