Road King Infrastructure (HK:1098) has released an update.
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Road King Infrastructure’s RKI Overseas Finance 2017 has announced a deferral of distribution payments on its 7% Senior Guaranteed Perpetual Capital Securities scheduled for December 23, 2024. This decision raises caution for investors dealing with these securities and others issued by the company’s affiliates, including the 7.75% and 7.95% securities. Investors are advised to remain vigilant as future deferrals remain uncertain.
For further insights into HK:1098 stock, check out TipRanks’ Stock Analysis page.
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