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Golden Wheel Tiandi Holdings Co. Ltd. ( (HK:1232) ) has shared an announcement.
Golden Wheel Tiandi Holdings Company Limited has announced a significant restructuring plan aimed at addressing its existing debt obligations. This restructuring involves several components including the issuance of new notes and shares, a substantial disposal, and a share consolidation. The plan is supported by a majority of creditors, who have agreed to vote in favor of the scheme. The restructuring is expected to streamline the company’s financial operations and provide a clearer path toward financial stability.
More about Golden Wheel Tiandi Holdings Co. Ltd.
YTD Price Performance: -5.00%
Average Trading Volume: 187,518
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$102.5M
For detailed information about 1232 stock, go to TipRanks’ Stock Analysis page.