tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Road King Infrastructure Updates on Consent Solicitations for Senior Notes

Story Highlights
  • Road King Infrastructure focuses on infrastructure projects, including road and property development.
  • The company did not receive the required consent for all series of senior notes, affecting their solicitation plans.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Road King Infrastructure Updates on Consent Solicitations for Senior Notes

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

Road King Infrastructure Limited, through its subsidiaries RKPF Overseas 2019 (A) Limited and RKPF Overseas 2020 (A) Limited, announced an update on their consent solicitations for several series of guaranteed senior notes due between 2028 and 2030. Despite a majority of noteholders voting in favor of proposed amendments and waivers, the required consent was not obtained for all series, leading the issuers to decide against tabling the extraordinary resolutions in their current form.

More about Road King Infrastructure

Road King Infrastructure Limited is a company incorporated in Bermuda with limited liability, primarily involved in infrastructure development. The company is listed on the Hong Kong Stock Exchange and focuses on infrastructure projects, which may include road and property development.

Average Trading Volume: 163,368

Technical Sentiment Signal: Sell

Current Market Cap: HK$666.9M

See more data about 1098 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1