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Tian An China Investments Co Announces Major Shareholder Loan Transaction

Story Highlights
  • TACI increases a shareholder loan to Xianghe Min-Hoong and extends its repayment date.
  • The transaction requires shareholder approval, which has been obtained through written consent.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tian An China Investments Co Announces Major Shareholder Loan Transaction

Elevate Your Investing Strategy:

The latest announcement is out from Tian An China Investments Co ( (HK:0028) ).

Tian An China Investments Co (TACI) has announced a major transaction involving the provision of shareholder loans. The company, through its subsidiary Greatway (Shenzhen), has entered into agreements to increase the principal amount of a shareholder loan to Xianghe Min-Hoong and extend its repayment date. This move is part of a broader financial strategy involving its joint ventures and subsidiaries. The transaction is significant enough to require shareholder approval under Hong Kong’s Listing Rules, which has been obtained through written consent from major shareholders, bypassing the need for a general meeting.

More about Tian An China Investments Co

Average Trading Volume: 119,061

Technical Sentiment Signal: Buy

Current Market Cap: HK$6.35B

Find detailed analytics on 0028 stock on TipRanks’ Stock Analysis page.

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