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Fantasia Holdings Advances in Offshore Debt Restructuring

Story Highlights
  • Fantasia Holdings operates in real estate, focusing on property development in China.
  • Majority of debt holders agree to restructuring; deadline extended for creditor approvals.
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Fantasia Holdings Advances in Offshore Debt Restructuring

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Fantasia Holdings Group Co. Ltd. ( (HK:1777) ) has shared an announcement.

Fantasia Holdings Group Co., Ltd. announced that a significant majority of its debt holders have agreed to the terms of its proposed restructuring of offshore debts. The company has extended the Early Consent Fee Deadline to accommodate creditors needing more time for internal approvals, signaling progress in its efforts to stabilize its financial position.

More about Fantasia Holdings Group Co. Ltd.

Fantasia Holdings Group Co., Ltd. is a company incorporated in the Cayman Islands, operating in the real estate industry. It is primarily focused on property development and management, with a significant market presence in China.

YTD Price Performance: -14.55%

Average Trading Volume: 2,433,742

Technical Sentiment Signal: Buy

Current Market Cap: HK$542.6M

See more insights into 1777 stock on TipRanks’ Stock Analysis page.

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