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MTR Has So Far No Plans for Shareholder Funding or Asset Disposals to Meet HKD100B Investment Needs
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MTR CORPORATION (00066.HK) expects to invest over HKD100 billion in multiple large-scale railway projects over the next decade, alongside an estimated HKD65 billion for upgrading and maintaining existing assets. CEO Jacob Kam described this as entering a peak investment period. Addressing rumors that MTR might employ a "strategy combo", including issuing bonds, selling assets for cash, and securing funds from existing shareholders, he noted that issuing bonds is a common corporate financing practice, but there are no current plans to raise funds through shareholder injections or asset disposals. AAStocks Financial News |
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