Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Hong Kong
  4. Hong Kong Stock Exchange
  5. China Resources Land Limited
  6. News
  7. Summary
    1109   KYG2108Y1052

CHINA RESOURCES LAND LIMITED

(1109)
  Report
Delayed Hong Kong Stock Exchange  -  04:08 2022-09-26 am EDT
31.95 HKD   +1.27%
09/14CHINA RESOURCES LAND LIMITED : Ex-dividend day for interim dividend
FA
09/01Shimao to Sell Beijing Properties to China Resources Land For $481 Million
MT
08/31Fitch Affirms China Resources Land at 'BBB+'; Outlook Stable
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

China Resources Land Limited Enters into Loan Facility

08/01/2022 | 05:47am EDT

On 1 August 2022, the China Resources Land Limited, as borrower, entered into a facility letter (the Facility Letter) for a HKD 2,000,000,000 loan facility (the Loan Facility) with a bank. The Loan Facility has a term of one year commencing from the date of the first drawdown. Pursuant to the Facility Letter, it shall be a Change of Control if (i) CRH ceases to be the single largest shareholder which has an aggregate beneficial ownership and control of not less than 35% of the issued share capital of the Company; or (ii) CRH does not have, or ceases to have the ability from a practical perspective to control the appointment by the Company's shareholders of directors to the Company's board.

As at the date of this announcement, CRH owns approximately 59.55% of the issued share capital of the Company. If a Change of Control under the Facility Letter occurs, the bank shall declare any commitment under the Facility Letter to be cancelled and or declare the outstanding amounts advanced under the Facility Letter, together with accrued interest, and all other amounts accrued under the Facility Letter immediately due and payable.


© S&P Capital IQ 2022
All news about CHINA RESOURCES LAND LIMITED
09/14CHINA RESOURCES LAND LIMITED : Ex-dividend day for interim dividend
FA
09/01Shimao to Sell Beijing Properties to China Resources Land For $481 Million
MT
08/31Fitch Affirms China Resources Land at 'BBB+'; Outlook Stable
AQ
08/31CHINA RESOURCES LAND LIMITED : Slide show half-year results
CO
08/31CHINA RESOURCES LAND LIMITED : 1st-half-year results
CO
08/30China Resources Land's H1 Profit Down on Lower Revenue
MT
08/30China Resources Land Limited Announces Interim Dividend for the Six Months Ended June 3..
CI
08/30China Resources Land Limited Reports Earnings Results for the Half Year Ended June 30, ..
CI
08/29MARKETMIND : Two-year U.S. bond yield dam bursts
RE
08/15China Resources' Contracted Sales Up 22% in July
MT
More news
Analyst Recommendations on CHINA RESOURCES LAND LIMITED
More recommendations
Financials
Sales 2022 258 B 32 845 M 32 845 M
Net income 2022 33 200 M 4 229 M 4 229 M
Net Debt 2022 96 606 M 12 307 M 12 307 M
P/E ratio 2022 6,84x
Yield 2022 5,12%
Capitalization 225 B 28 661 M 28 661 M
EV / Sales 2022 1,25x
EV / Sales 2023 1,17x
Nbr of Employees 52 451
Free-Float 40,4%
Chart CHINA RESOURCES LAND LIMITED
Duration : Period :
China Resources Land Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CHINA RESOURCES LAND LIMITED
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 27
Last Close Price 31,55 HKD
Average target price 45,93 HKD
Spread / Average Target 45,6%
EPS Revisions
Managers and Directors
Bing Qi Wu President & Executive Director
Shi Qing Guo Chief Financial Officer & Executive Director
Xin Li Chairman
Tong Dong Shen Chief Information Officer
Andrew Y. Yan Independent Non-Executive Director