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Guangdong Land Holdings Secures HK$250 Million Loan Facility

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Guangdong Land Holdings Secures HK$250 Million Loan Facility

Confident Investing Starts Here:

An update from Guangdong Land Holdings Limited ( (HK:0124) ) is now available.

Guangdong Land Holdings Limited has secured an uncommitted revolving term loan facility of HK$250 million from a bank to finance general working capital and refinance existing debt. This financial maneuver underscores the company’s efforts to maintain liquidity and operational efficiency amid its ongoing commitment to meeting regulatory obligations, as evidenced by its adherence to specific shareholding conditions set forth in the loan agreement.

More about Guangdong Land Holdings Limited

Guangdong Land Holdings Limited operates within the real estate industry, focusing on property development and investment primarily in Hong Kong and Mainland China. The company is a subsidiary of GDH Limited, which is controlled by Guangdong Holdings Limited, ultimately governed by the Guangdong Provincial Government.

YTD Price Performance: -40.0%

Average Trading Volume: 23,738

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €39.37M

For detailed information about 0124 stock, go to TipRanks’ Stock Analysis page.

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