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Guangdong Land Holdings Limited ( (HK:0124) ) has shared an update.
Guangdong Land Holdings Limited has secured an uncommitted revolving loan facility worth HK$500 million for 360 days to finance its general working capital and refinance existing debts. This facility underscores the company’s ongoing financial strategy and its dependency on maintaining its status as a subsidiary of GDH Limited and Guangdong Holdings Limited, as non-compliance could trigger immediate loan repayment.
More about Guangdong Land Holdings Limited
Guangdong Land Holdings Limited operates in the real estate sector, focusing on property development and management. It is a subsidiary of GDH Limited and Guangdong Holdings Limited, with a significant market presence in Hong Kong.
YTD Price Performance: -40.0%
Average Trading Volume: 23,738
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €39.37M
Learn more about 0124 stock on TipRanks’ Stock Analysis page.