Symphony Holdings Limited

Equities

1223

BMG5472K1898

Apparel & Accessories Retailers

Market Closed - Hong Kong S.E. Other stock markets 04:08:20 2024-04-26 am EDT			5-day change	1st Jan Change
0.8 ^HKD	0.00%		0.00%	-5.88%

Apr. 19	Adslot Amends Long-Standing Agreement With International Agency Group	MT
Apr. 03	EARNINGS AND TRADING: MediaZest optimistic; Volta Finance NAV up	AN

Symphony Environmental inks additional loan agreement

October 18, 2023 at 09:26 am EDT

Symphony Environmental Technologies PLC - Hertfordshire-based developer of technology to make plastic biodegradable - Enters into an additional convertible loan agreement with Sea Pearl Ventures Ltd. Says the key terms of the loan are similar to the previous GBP1.0 million convertible loan announced in March. Notes that GBP500,000 will be drawn down immediately, and a further GBP500,00 on or before March 31. Interest on the loan will accrue at 7% per year.

"The proceeds of the loan will be used to strengthen the group's cash position for ongoing working capital purposes and will further support the group to deliver on its many commercial opportunities," Symphony says.

Sea Pearl is based in the Bahamas, and is currently interested in 17.4% of Symphony's issued share capital.

Current stock price: 5.33 pence

12-month change: down 62%

By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC	3.25 GBX	0.00%	0.00%	8.27M
	SYMPHONY HOLDINGS LIMITED	0.8 HKD	0.00%	0.00%	304M

Latest news about Symphony Holdings Limited

Adslot Amends Long-Standing Agreement With International Agency Group	Apr. 19	MT
EARNINGS AND TRADING: MediaZest optimistic; Volta Finance NAV up	Apr. 03	AN
Symphony Life Completes Rights Issue of Warrants	Mar. 29	MT
Symphony Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 04 September 2024	Mar. 28	CI
Symphony Holdings Limited Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 28	CI
Symphony Environmental Technologies looks to raise almost GBP2 million	Mar. 22	AN
AIM WINNERS & LOSERS: Trakm8 falls on profit warning	Mar. 22	AN
Symphony Environmental Technologies Completes Equity Raise to Boost Balance Sheet	Mar. 22	MT
Symphony Holdings Expects Wider Loss in 2023	Mar. 22	MT
Symphony Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2023	Mar. 22	CI
EARNINGS AND TRADING: Roadside Real Estate trims Cambridge Sleep stake	Mar. 20	AN
Earnings Flash (SIHL.L) SYMPHONY INTERNATIONAL HOLDINGS Reports FY23 Loss $-0.20	Mar. 20	MT
EARNINGS AND TRADING: Versarien inks agreement for Brazilian JV	Mar. 14	AN
Symphony Environmental plastics given approval by EPA report	Mar. 13	AN
Nokia Books Order for Radio Access Network Systems from Rakuten Mobile	Feb. 27	MT
Japanese conductor Seiji Ozawa dies at 88	Feb. 09	RE
Apax opts against lifting offer; DCI enters loan deal	Feb. 09	AN
Symphony Environmental Technologies Still Confident in Global Market Prospects for d2w Plastics Amid EU Challenges	Feb. 09	MT
Japan's Seiji Ozawa, one of world's best-known conductors, dead at 88	Feb. 09	RE
EARNINGS AND TRADING: Symphony Environmental plummets on EU judgement	Jan. 31	AN
EU Court Rules Against Symphony Environmental in Single-use Plastics Dispute; Shares Drop	Jan. 31	MT
AIM WINNERS & LOSERS: Pebble Beach rises as trades ahead of forecasts	Jan. 31	AN
Symphony Environmental shares jump as revenue edged higher	Jan. 18	AN
Top Midday Decliners	Dec. 27	MT
Bluejay Diagnostics Starts Clinical Study of Symphony IL-6 Test in Sepsis Patients; Shares Fall	Dec. 27	MT

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Company Profile

Symphony Holdings Ltd is an investment holding company principally engaged in the sports product retailing business. The Company operates through three business segments. The Retailing segment engages in the property investment and holding business, as well as management and operation of outlet malls and commercial premises in Xiamen, Shenyang, Anyang, Tianjin and Chongqing. The Branding segment operates the worldwide business of a compression sportswear brand 'SKINS' through a joint venture with ITOCHU Corporation and works together with Iconix International Inc, an America brand operator to operate 'PONY' in Asia Pacific (excluding China mainland and Taiwan region). This Segment is also engaged in the sourcing, manufacturing and trading of healthcare products in Hong Kong. The Financial Services segment engages in the provision of securities brokerage, margin financing, money lending, underwriting and placing of listed securities as well as financial consultancy services.

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Apparel & Accessories Retailers

Calendar

2024-08-05 - Ex-dividend day for final dividend

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