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Yuexiu Transport Infrastructure ( (HK:1052) ) has provided an announcement.
Yuexiu Transport Infrastructure Limited announced the signing of a facility agreement for a RMB50 million term loan with a bank, effective for 364 days. The agreement includes a clause that triggers an event of default if the controlling shareholder, Yue Xiu Enterprises, ceases to hold a significant stake or management control, potentially impacting the company’s financial stability and stakeholder interests.
The most recent analyst rating on (HK:1052) stock is a Buy with a HK$5.00 price target. To see the full list of analyst forecasts on Yuexiu Transport Infrastructure stock, see the HK:1052 Stock Forecast page.
More about Yuexiu Transport Infrastructure
Yuexiu Transport Infrastructure Limited operates in the transport infrastructure industry, focusing on the development and management of transportation facilities. The company is primarily involved in the operation of toll roads and bridges, with a market focus on enhancing connectivity and transportation efficiency.
Average Trading Volume: 2,158,983
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$7.24B
See more insights into 1052 stock on TipRanks’ Stock Analysis page.