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The latest announcement is out from Road King Infrastructure ( (HK:1098) ).
Road King Infrastructure Limited, through its entities RKP Overseas Finance 2016 (A) Limited, RKI Overseas Finance 2017 (A) Limited, and RKPF Overseas 2019 (E) Limited, has announced a deferral of distribution for the 7.95% Senior Guaranteed Perpetual Capital Securities by Issuer 2016, originally scheduled for February 18, 2025. This move indicates a strategic financial management decision, potentially affecting stakeholders’ perceptions and requiring caution from holders of the 7%, 7.75%, and 7.95% securities as future distribution deferrals remain uncertain.
More about Road King Infrastructure
Road King Infrastructure Limited is a company incorporated in Bermuda with limited liability. It operates within the infrastructure sector and focuses on investments, development, and operations related to various infrastructure projects. The company is listed on the Stock Exchange of Hong Kong, and its securities are traded on the Singapore Exchange Securities Trading Limited.
YTD Price Performance: -31.05%
Average Trading Volume: 100
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $97.18M
For detailed information about 1098 stock, go to TipRanks’ Stock Analysis page.
