Termbray Industries International (Holdings) Limited (HK:0093) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Zero Fintech Group Limited has clarified that a HK$50 million loan transaction, previously considered a major transaction, has been re-categorized as a discloseable transaction under Hong Kong’s Listing Rules. This change means the loan will not require a circular to be issued to shareholders. The loan involves X8 Finance as the lender and Kowloon Investment Company as the borrower, with the latter owned by independent third parties.
For further insights into HK:0093 stock, check out TipRanks’ Stock Analysis page.