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AustAsia Group Limited. ( (HK:2425) ) has issued an announcement.
AustAsia Group Limited, incorporated in Singapore, has entered into a USD25 million facility agreement with a financial institution to provide working capital. The facility has a six-month term, with an option to extend for three months at the lender’s discretion. The agreement includes a change of control clause related to the company’s controlling shareholders, which could affect approximately USD508 million in loan facilities if breached. The company will adhere to disclosure requirements as long as the obligation persists.
More about AustAsia Group Limited.
YTD Price Performance: 22.22%
Average Trading Volume: 73,286
Technical Sentiment Consensus Rating: Hold
Find detailed analytics on 2425 stock on TipRanks’ Stock Analysis page.
