Yanchang Petroleum International Limited (HK:0346) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Yanchang Petroleum International Limited has entered into a Supplemental Loan Agreement with its controlling shareholder, Yanchang Petroleum HK, to renew a $22 million loan for another three years. The agreement is subject to shareholder approval due to its size and the relationship between the parties. Details of the resolutions will be provided to shareholders in a forthcoming circular and notice of a Special General Meeting (SGM).
For further insights into HK:0346 stock, check out TipRanks’ Stock Analysis page.