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Beijing Gas Blue Sky Holdings Ltd ( (HK:6828) ) has issued an update.
Beijing Gas Blue Sky Holdings Limited announced the acceptance of a supplementary facility letter, extending the maturity date of its revolving loan facility to 12 months. This extension is subject to the bank’s right to demand repayment or alter terms at its discretion. The company must ensure that the State-owned Assets Supervision and Administration Commission remains the largest shareholder, and that BE Group and Beijing Gas Group maintain a minimum 51% shareholding in the company. Failure to comply could result in the termination of the facility and immediate repayment demands.
More about Beijing Gas Blue Sky Holdings Ltd
Beijing Gas Blue Sky Holdings Limited is a company incorporated in Bermuda, primarily involved in the energy sector. The company focuses on the distribution and supply of natural gas and related products, with a significant market presence in Beijing, China.
Average Trading Volume: 12,966,110
Technical Sentiment Signal: Sell
Current Market Cap: HK$909.4M
For a thorough assessment of 6828 stock, go to TipRanks’ Stock Analysis page.