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China Overseas Grand Oceans Group Limited ( (HK:0081) ) has issued an announcement.
China Overseas Grand Oceans Group Limited has entered into a facility agreement with various banks for term loan facilities amounting to RMB3 billion. The agreement requires China Overseas Land & Investment Limited to maintain its position as the largest shareholder and have significant board representation, ensuring stability in the company’s governance and financial commitments.
The most recent analyst rating on (HK:0081) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on China Overseas Grand Oceans Group Limited stock, see the HK:0081 Stock Forecast page.
More about China Overseas Grand Oceans Group Limited
China Overseas Grand Oceans Group Limited operates in the real estate industry, focusing on property development and investment. The company is a subsidiary of China Overseas Land & Investment Limited, which is a significant shareholder.
Average Trading Volume: 11,578,020
Technical Sentiment Signal: Buy
Current Market Cap: HK$7.65B
See more insights into 0081 stock on TipRanks’ Stock Analysis page.