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Beijing Gas Blue Sky Secures CNH1.2 Billion Loan with Change of Control Clause

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Beijing Gas Blue Sky Secures CNH1.2 Billion Loan with Change of Control Clause

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An update from Beijing Gas Blue Sky Holdings Ltd ( (HK:6828) ) is now available.

Beijing Gas Blue Sky Holdings Limited has entered into a syndicated facility agreement for a CNH1,200,000,000 term loan with several financial institutions. This agreement includes a change of control clause, which could impact the company’s financial commitments if certain ownership conditions are not maintained. The company is required to disclose any changes in control in its interim and annual reports, ensuring transparency for stakeholders.

More about Beijing Gas Blue Sky Holdings Ltd

Beijing Gas Blue Sky Holdings Limited operates in the energy sector, focusing on the distribution and sale of natural gas and related products. The company is involved in the development of clean energy projects and services, primarily targeting the Chinese market.

Average Trading Volume: 9,095,103

Technical Sentiment Signal: Hold

Current Market Cap: HK$1.27B

For a thorough assessment of 6828 stock, go to TipRanks’ Stock Analysis page.

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