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YuanShengTai Dairy Farm ( (HK:1431) ) just unveiled an announcement.
YuanShengTai Dairy Farm Limited, through its subsidiary Kedong Heping YST, has entered into a Guarantee Agreement with a bank to secure the repayment obligations of Xinneng Bio under a Loan Agreement. The guarantee, amounting to RMB94,000,000, involves a joint liability method, allowing the bank to seek repayment directly from Kedong Heping YST if Xinneng Bio defaults. This transaction is classified as discloseable under Hong Kong’s Listing Rules, requiring reporting and announcement due to its percentage ratio implications.
The most recent analyst rating on (HK:1431) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on YuanShengTai Dairy Farm stock, see the HK:1431 Stock Forecast page.
More about YuanShengTai Dairy Farm
Average Trading Volume: 1,610,975
Technical Sentiment Signal: Hold
Current Market Cap: HK$1.17B
Learn more about 1431 stock on TipRanks’ Stock Analysis page.