COSCO SHIPPING Holdings Co (HK:1919) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
COSCO SHIPPING Holdings Co. has announced an extension of the shareholder loan to EUROMAX Terminal, maintaining its EUR 84 million (approximately RMB 669 million) portion in accordance with its 35% equity interest. This financial support is designed to sustain the capital and operational needs of EUROMAX Terminal, with the new agreement extending the loan deadline to June 18, 2029, at an interest rate of Euribor+2.0%.
For further insights into HK:1919 stock, check out TipRanks’ Stock Analysis page.