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CKH HOLDINGS Victor Li: Cash Is King amid Complex Macro Environment
Recommend 11 Positive 24 Negative 8 |
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CKH HOLDINGS (00001.HK) had previously implemented multiple transactions to realize cash, yet decisions must be precise as cash is king amid the current complex and unpredictable macro environment, Victor Li, Chairman of CKH HOLDINGS (00001.HK), said at the AGM. The group currently maintains a solid financial position, with net gearing as low as 13.9%, having an advantage to cope with various challenges and enabling it to act upon new projects. Li did not directly respond to whether a special dividend would be declared following the sale of its UK telecommunications business VodafoneThree, stating only that the board would discuss the matter soon after receiving the transaction proceeds. AASTOCKS Financial News |
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