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MECOM Power & Construction Ltd. ( (HK:1183) ) just unveiled an announcement.
MECOM Power and Construction Limited announced a new Facility Letter agreement with Tai Fung Bank, providing financial facilities to its subsidiary Ao Gang Construction. The agreement includes provisions that could trigger an event of default if key management changes occur, potentially impacting the company’s financial commitments. The company will continue to disclose relevant information in its reports as required by the Listing Rules.
More about MECOM Power & Construction Ltd.
MECOM Power and Construction Limited is a company incorporated in the Cayman Islands with limited liability, listed on the Main Board of the Stock Exchange. It operates in the construction industry, focusing on power and construction services, and has a market presence in Macau through its subsidiary Ao Gang Construction.
Average Trading Volume: 1,792,300
Technical Sentiment Signal: Sell
Current Market Cap: HK$621M
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