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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...
Road King Infrastructure Logs 8.67 Billion Yuan in Contracted Sales for Nine Months to September
Road King Infra (01098.HK) total property sales revenue in the first three quarters was 9.206 billion yuan
Gelonghui October 31st | Road King (01098.HK) announced that as of September 30, 2024, the group has signed contracts totaling RMB 8.67 billion. Together with unconverted contract amounts of RMB 0.536 billion, the group's total property sales for the period amounted to RMB 9.206 billion, a decrease of about 55% compared to September 30, 2023. As of September 30, 2024, toll revenue from highway projects amounted to RMB 1.813 billion (including RMB 0.607 billion from domestic and RMB 1.206 billion from Indonesia), compared to 2023.