Beijing Enterprises Secures $30M Credit Facility
Company Announcements

Beijing Enterprises Secures $30M Credit Facility

Beijing Enterprises Environment Group Limited (HK:0154) has released an update.

Beijing Enterprises Environment Group Limited has announced the acceptance of a US$30 million Credit Facility from a bank, with a one-year term and conditions that include maintaining a minimum 50% shareholding by Beijing Enterprises Holdings Limited. The company is currently compliant with this requirement, holding approximately 50.4% of shares. They have committed to ongoing disclosure in line with the Listing Rules as the situation persists.

For further insights into HK:0154 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskBeijing Enterprises Environment Group Changes Auditor to Deloitte
TipRanks HongKong Auto-Generated NewsdeskBeijing Enterprises Reports Mixed Mid-Year Results
TipRanks HongKong Auto-Generated NewsdeskBeijing Enterprises Environment Group Plans Board Meeting
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App