Beijing Gas Blue Sky Holdings Ltd (HK:6828) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Beijing Gas Blue Sky Holdings Ltd has announced the acceptance of a HK$200 million uncommitted revolving loan facility with a one-year maturity from a bank. The loan includes stipulations that Beijing Municipal Government remains the largest shareholder of the group controlling the company, with termination clauses if these conditions are not met. The company will include details of this financial arrangement in future interim and annual reports as required by the Listing Rules.
For further insights into HK:6828 stock, check out TipRanks’ Stock Analysis page.