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Golden Wheel Tiandi Holdings Co. Ltd. ( (HK:1232) ) has shared an announcement.
Golden Wheel Tiandi Holdings Co. Ltd. has announced an update on its debt restructuring process. The High Court of Hong Kong has directed the convening of a Scheme Meeting for creditors to consider and potentially approve the restructuring scheme. A substantive hearing is scheduled for June 24, 2025, to determine the court’s sanction of the scheme. This development is a significant step in the company’s efforts to manage its financial obligations and stabilize its operations, potentially impacting stakeholders and investors.
More about Golden Wheel Tiandi Holdings Co. Ltd.
Golden Wheel Tiandi Holdings Co. Ltd. is a company incorporated in the Cayman Islands, focusing on real estate development and management. The company operates primarily in the property sector, offering residential and commercial properties, and is listed on the Hong Kong Stock Exchange under the stock code 1232.
YTD Price Performance: 8.33%
Average Trading Volume: 147,400
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$116.9M
For detailed information about 1232 stock, go to TipRanks’ Stock Analysis page.