tiprankstipranks
Trending News
More News >

Yuexiu Property Secures HK$650 Million in New Loan Facilities

Story Highlights

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

Yuexiu Property Company Limited announced two new term loan facilities totaling HK$650 million, secured by its wholly-owned subsidiary, Leading Affluence Limited. These loans are contingent upon Yue Xiu maintaining at least a 30% shareholding and effective management control over the company, with any breach potentially triggering immediate repayment demands.

More about Yuexiu Property Co

Yuexiu Property Company Limited is a real estate company incorporated in Hong Kong, primarily engaged in property development and management. The company is controlled by Yue Xiu Enterprises (Holdings) Limited, which holds a significant shareholding in the company.

Average Trading Volume: 62

For detailed information about 0123 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App