Fineland Real Estate Services Group (HK:9978) has released an update.
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Fineland Living Services Group has extended the deadline for its settlement agreement with Guangzhou Fineland Real Estate Development to December 20, 2024, to facilitate the transfer of commercial properties amidst a prolonged review process. The extension aims to ensure the completion of property transfers needed to settle outstanding receivables without altering the agreement’s terms. The company plans to retain these properties to maximize potential returns.
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