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ROAD KING INFRA (01098.HK): Qizhi exercises redemption rights.
On January 24, Glorious Exchange announced that ROAD KING INFRA (01098.HK) had notified the project company regarding the exercise of the redemption right on HKD 400,000,000 (i.e., 50%) of the principal amount of the sales loan. The investment agreement and the transactions intended and possibly to be conducted under it (including but not limited to transfer matters, ROAD KING INFRA assumption, loan redemption rights, and balancing transactions) were approved by the company's independent shareholders at the special meeting held on January 13, 2023. According to the information currently available, the redemption price is estimated to be approximately HKD 400,000,0.
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WAI KEE HOLD(00610): Jia Jian has issued a notice to ROAD KING INFRA to return the participation rights for 96 million yuan.
WAI KEE HOLD (00610) announced that on December 10, 2024, the company will present...
