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China Glass Holdings Limited ( (HK:3300) ) has provided an announcement.
China Glass Holdings Limited has announced a voluntary agreement on a term sheet with lenders to restructure its loan facilities under a previous Facility Agreement. This proposed restructuring aims to extend the final maturity date of the loans, although it is not guaranteed that definitive agreements will be reached. The company emphasizes that the restructuring may or may not proceed, advising shareholders and potential investors to exercise caution.
The most recent analyst rating on (HK:3300) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Glass Holdings Limited stock, see the HK:3300 Stock Forecast page.
More about China Glass Holdings Limited
China Glass Holdings Limited is a company incorporated in Bermuda, operating in the glass manufacturing industry. The company, along with its subsidiaries, is focused on producing and supplying glass products.
Average Trading Volume: 3,248,230
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$480M
Find detailed analytics on 3300 stock on TipRanks’ Stock Analysis page.