Sino-Ocean Group Holding ( (HK:3377) ) has issued an update.
Sino-Ocean Group Holding Limited announced the occurrence of the Restructuring Effective Date and the issuance of new debt instruments as part of its restructuring consideration. This move involves the issuance of new notes, MCBs, and perpetual securities, aimed at managing the company’s indebtedness related to certain loan facilities. The listing documents, available on the Singapore Exchange, are intended to ensure equal information dissemination to investors, but do not constitute an offer to sell securities.
More about Sino-Ocean Group Holding
Sino-Ocean Group Holding Limited is a company incorporated in Hong Kong with limited liability, primarily engaged in real estate development and investment. The company focuses on the development of residential, commercial, and office properties, catering to the growing urbanization and housing demands in the Chinese market.
YTD Price Performance: 22.50%
Average Trading Volume: 152,050
Technical Sentiment Signal: Hold
Current Market Cap: $207M
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