Road King Infrastructure Limited
RKGXF
Other OTC0.21
USD
+0.13
- -
ISIN
BMG760581097
CUSIP
G76058109
Return %
Stock
S&P500
1Y
52.36
19.01
3Y
-53.63
65.48
5Y
-81.61
72.20
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Shiu Leung Fong
- Full Time Employees
- 3,516
- Sector
- Consumer Cyclical
- Industry
- Residential Construction
- Address
- Tower 6, The Gateway Tsim Sha Tsui Hong Kong
- IPO Date
- Jul 23, 2007
- Website
- roadking.com.hk
- Similar Companies
- Business
- Road King Infrastructure Limited is a Hong Kong-based investment holding company principally engaged in property development and investment, toll road operation and management, and investment and asset management. The company develops, sells, and rents residential and commercial properties primarily located in Mainland China, with key property assets concentrated in the Yangtze River Delta, Bohai Rim, and Pearl River Delta regions, totaling a land reserve of approximately 8.33 million square meters. It also invests in and operates a portfolio of toll roads, including five expressways totaling about 340 kilometers in Mainland China and expressways in Indonesia spanning approximately 335 kilometers. In addition to its core property and toll road segments, Road King provides financial and management services related to its investments. Founded in 1994, the company is headquartered in Tsim Sha Tsui, Hong Kong. Recent major developments include the company's suspension of all offshore debt payments in 2025, signaling a critical strategic shift as it seeks holistic solutions and restructuring options for its significant offshore indebtedness estimated at over US$1.5 billion. This followed creditor rejection of proposed debt amendments and led to Road King becoming the first Hong Kong developer to default on offshore bonds, which has pressured the company to engage in creditor negotiations to safeguard stakeholder interests. Concurrently, the company has experienced substantial declines in revenue and profitability, reporting a 2025 interim loss of approximately HK$2 billion, alongside decreased property sales and toll revenue. It has also disclosed plans to maintain operational stability, timely delivery of properties, and stricter cash flow management amid a cautious outlook on the Mainland China property market. The company is further pursuing optimization and potential divestment of parts of its toll road business in Indonesia as part of its strategic response to financial challenges. Road King operates primarily in the property development and toll road sectors, targeting residential and commercial property markets in Mainland China and Hong Kong, as well as toll road users in both Mainland China and Southeast Asia. It holds a significant portfolio of over 30 property projects and a broad toll road network spread across several provinces in China and Indonesia. The company is majority owned by Wai Kee Holdings. Road King's business segments encompass property development and investment, toll road operation, and investment and asset management. Its strategic focus remains on leveraging its extensive land reserve and toll road infrastructure assets while navigating financial restructuring and market uncertainties.
Road King Debt Plan Claims Over 65% Support Ahead of June 26 Deadline