Country Garden Holdings Co ( (HK:2007) ) has provided an announcement.
Country Garden Holdings Company Limited has announced an extension of the deadlines for the Early-Bird and General RSA Fees related to its proposed restructuring plan. This decision reflects the company’s ongoing efforts to address its significant offshore indebtedness and indicates that over 50% of the existing public note holders have already acceded to the restructuring support agreement (RSA). The extension aims to allow more creditors to complete their internal procedures and join the restructuring plan, potentially stabilizing the company’s financial position and reassuring stakeholders of its commitment to resolving debt issues.
More about Country Garden Holdings Co
Country Garden Holdings Co is a prominent real estate developer incorporated in the Cayman Islands, primarily focusing on property development and management. The company operates extensively in the real estate sector, with a significant market presence in China, and is known for its large-scale residential projects.
Average Trading Volume: 99,367,030
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$11.78B
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