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CAQ Holdings Limited (ASX:CAQ)

ALERT: Price-sensitive ASX Announcement for CAQ
Current share price for CAQ : $0.009 0.002 (28.57%)+
Announcement
Release
28 May 2025 11:23AM
Price at Release
$0.007
Full Release
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Summary
CAQ Holdings Limited announced an update regarding its finance facility with the Bank of China Limited, Macau Branch. The company disclosed that a subsidiary, Jin Cai International (Macau) Company Limited, has successfully renewed its banking facility of MOP 130,000,000, which was originally due for repayment on 28 June 2024. The renewed facility will now mature on 30 June 2025 and remains secured by certain assets. The board stated that this renewal will assist the Group in maintaining a flexible financial position. The company confirmed that this update does not have a material adverse impact on its operations or financial position, and trading in CAQ's shares remains unaffected.
Key Points
  • Jin Cai International (Macau) Company Limited, a CAQ subsidiary, renewed a finance facility with Bank of China Limited, Macau Branch.
  • The renewed facility amounts to MOP 130,000,000 and will mature on 30 June 2025.
  • The facility is secured by certain charged and pledged assets.
  • The renewal was completed before the original maturity date of 28 June 2024.
  • The board believes the renewal aids in maintaining financial flexibility for the Group.
  • No material adverse impact on CAQ Holdings Limited’s financial or operational position is anticipated.
  • Trading in the company’s shares is not affected by this update.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.