K Cash Corporation Secures HK$550 Million Loan

TipRanksNov 13 08:09

KCASH Group (02483.HK) successfully obtained 0.55 billion Hong Kong dollars in syndicated loans.

Gelonghui November 13th | KCASH Group (02483.HK) announced that on November 8, 2024, the company successfully obtained a syndicated loan ("the financing"). The amount of this financing is 0.55 billion Hong Kong dollars, the largest single financing credit since the establishment of the group. The funds raised through this financing will be used for the general business purposes of the group, including expanding the group's loan portfolio and refinancing the group's existing financial debt. By entering into this financing, the group can broaden its financing channels, supplement the funds needed for its operation, and optimize the group's debt structure. The company will also continue to monitor its interest rate risks and act in appropriate markets.

Gelonghui FinanceNov 13 08:03

K CASH Group (02483.HK) subsidiary signed a loan agreement with a crowdfunding company in japan, involving more than 1.8 billion yen.

K CASH Group (02483.HK) announced that its wholly-owned subsidiary, K Cash Quester Capital Co., has signed a loan agreement with Japanese crowdfunding company Funds Group worth a total of 1.82 billion Japanese yen (equivalent to approximately 97 million Hong Kong dollars). The loan will be used to expand K Cash Group's loan portfolio and operating funds, helping to optimize the group's capital structure and enhance overall competitiveness to promote future development plans. Huang Zhuoshi, Executive Director and Chief Operating Officer of K Cash Group, stated that this collaboration is an important milestone, enriching the group's

AASTOCKSOct 3 14:06

ROI exceeds 20%! China's wealthy flock to the $1.7 trillion "high-yield market"......

Chinese wealthy investors are pursuing the $1.7 trillion private crediting market, ignoring warnings of rising default rates, because some of these trades have an roi exceeding 20%.

FX168Sep 25 14:22

K CASH: Interim Report 2024

HKEXSep 20 17:44 · Announcements

K CASH To Go Ex-Dividend On August 30th, 2024 With 0.034 HKD Dividend Per Share

August 20th (Beijing Time) - $K CASH(02483.HK)$ is trading ex-dividend on August 30th, 2024.Shareholders of record on September 2nd, 2024 will receive 0.034 HKD dividend per share on September 20th, 2

Futu NewsAug 20 17:05