Uni-Bio Science Group Ltd. (HK:0690) recently announced an update on a loan provided to a borrower for research, development, and operations. The loan amount of RMB5,800,000 is secured by two invention patents and will be funded from internal resources. The loan term will be 16 months, beginning on June 1, 2024.
This transaction is significant for investors as it falls within the 0.1% to 5% percentage ratio thresholds. While it requires announcement and reporting, it does not necessitate independent shareholder approval. Investors interested in learning more about HK:0690 stock can visit TipRanks’ Stock Analysis page for additional insights.
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