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Road King Infrastructure Announces Deferral of Distribution Payments

Story Highlights
  • Road King Infrastructure focuses on infrastructure development and financial activities.
  • The company deferred distribution payments on its 7% securities, urging caution among holders.
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Road King Infrastructure Announces Deferral of Distribution Payments

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Road King Infrastructure ( (HK:1098) ) has issued an update.

Road King Infrastructure Limited, through its subsidiary RKI Overseas Finance 2017 (A) Limited, has announced a deferral of distribution payments on its 7% Senior Guaranteed Perpetual Capital Securities. This decision, impacting payments scheduled for June 23, 2025, reflects ongoing financial management strategies and may influence stakeholder confidence, urging caution among securities holders.

More about Road King Infrastructure

Road King Infrastructure Limited is a company incorporated in Bermuda with limited liability, primarily engaged in infrastructure development. It operates under the stock code 1098 on the Hong Kong Stock Exchange and has a focus on infrastructure projects and related financial activities.

Average Trading Volume: 196,949

Technical Sentiment Signal: Sell

Current Market Cap: HK$621.9M

For detailed information about 1098 stock, go to TipRanks’ Stock Analysis page.

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