Country Garden Extends RSA Fee Deadlines Amid Restructuring Efforts

Country Garden Holdings Co ( (HK:2007) ) just unveiled an announcement.

Country Garden Holdings Co announced an extension of the Early-Bird RSA Fee Deadline and General RSA Fee Deadline, allowing creditors more time to accede to the restructuring support agreement (RSA). This decision reflects the company’s ongoing efforts to manage its offshore indebtedness and indicates that many creditors are supportive of the proposed restructuring but are still undergoing internal approval processes.

The most recent analyst rating on (HK:2007) stock is a Sell with a HK$0.30 price target. To see the full list of analyst forecasts on Country Garden Holdings Co stock, see the HK:2007 Stock Forecast page.

More about Country Garden Holdings Co

Country Garden Holdings Co is a real estate development company incorporated in the Cayman Islands. It operates primarily in the property development sector, focusing on residential and commercial properties, and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 58,381,775

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$10.53B

For an in-depth examination of 2007 stock, go to TipRanks’ Stock Analysis page.