Goldman Sachs pointed out that AGILE PROPERTY (03383.HK) -0.020 (-0.480%) Short selling $4.81M; Ratio 19.334% completed the revised rights issue plan. Goldman Sachs lowered the NAV and target price from $14.8 and $5.9 to $13.5 and $5.4. The projected basic earnings per share in 2015 to 2016 was cut to 11%.
Goldman Sachs pointed out that Agile reached an agreement with several banks on the extension of repayment period for loans but uncertainties of the company may continue.
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