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The latest update is out from CIFI Holdings (Group) Co ( (HK:0884) ).
CIFI Holdings (Group) Co. Ltd. has announced the successful passing of resolutions related to its offshore debt restructuring, specifically concerning the replacement of trustees and amendments to the governing law for its Perpetual Securities and Convertible Bonds. These changes, approved by the requisite majority of bondholders, are part of a broader restructuring plan aimed at improving the company’s financial stability and aligning its debt management with Hong Kong laws, potentially impacting its market operations and stakeholder relations.
More about CIFI Holdings (Group) Co
CIFI Holdings (Group) Co. Ltd. is a company incorporated in the Cayman Islands with limited liability, primarily involved in real estate development and investment. The company operates in the property sector, focusing on residential, commercial, and mixed-use developments, primarily in China.
Average Trading Volume: 27,700,775
Current Market Cap: HK$2.45B
For detailed information about 0884 stock, go to TipRanks’ Stock Analysis page.