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Min Xin Holdings Limited ( (HK:0222) ) just unveiled an update.
Min Xin Holdings Limited has entered into a facility agreement with a bank for an uncommitted revolving loan facility of up to HK$390 million. The agreement includes conditions that require the controlling shareholder, Fujian Investment & Development Group Co., Ltd., to maintain at least 50% ownership of Min Xin’s issued share capital. Breach of this condition will result in default, making all amounts due immediately payable.
The most recent analyst rating on (HK:0222) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Min Xin Holdings Limited stock, see the HK:0222 Stock Forecast page.
More about Min Xin Holdings Limited
Average Trading Volume: 278,072
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.08B
Find detailed analytics on 0222 stock on TipRanks’ Stock Analysis page.