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Yuexiu Property Secures HK$200 Million Loan Facility with Key Shareholding Conditions

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An announcement from Yuexiu Property Co ( (HK:0123) ) is now available.

Yuexiu Property Co has entered into a revolving loan facility agreement with a bank, securing HK$200 million for a term of 364 days. The agreement includes conditions where a default could be triggered if the controlling shareholder, Yue Xiu Enterprises, reduces its stake below 30% or loses management control, potentially impacting the company’s financial stability.

More about Yuexiu Property Co

Yuexiu Property Co is a company incorporated in Hong Kong, operating in the real estate industry. The company is primarily involved in property development and management, focusing on delivering residential and commercial properties.

Average Trading Volume: 62

See more data about 0123 stock on TipRanks’ Stock Analysis page.

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