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Hainan Meilan International Airport Announces EGM to Approve Loan Agreement
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Hainan Meilan International Airport Announces EGM to Approve Loan Agreement

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Hainan Meilan International Airport Company ( (HK:0357) ) has issued an announcement.

Hainan Meilan International Airport Company Limited has announced an extraordinary general meeting scheduled for March 7, 2025, to discuss and approve a New Loan Agreement and its allocation. The agreement involves a principal amount of RMB6.36327 billion for a 20-year term, aimed at supporting the company’s financial operations. This decision is crucial as it reflects the company’s strategic efforts to strengthen its financial base and potentially enhance its market position in the aviation industry.

More about Hainan Meilan International Airport Company

Hainan Meilan International Airport Company Limited is a joint stock company incorporated in the People’s Republic of China, operating within the aviation industry. The company’s primary focus is managing and operating airport facilities in Hainan Province, offering services that cater to both domestic and international travelers.

YTD Price Performance: -12.28%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $477.4M

For detailed information about 0357 stock, go to TipRanks’ Stock Analysis page.

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