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Golden Wheel Tiandi Holdings Co. Ltd. ( (HK:1232) ) just unveiled an announcement.
Golden Wheel Tiandi Holdings Co. Ltd. has announced an update on its debt restructuring efforts, specifically regarding its 10.0% senior notes due in 2025. The company has scheduled a Scheme Meeting on June 3, 2025, to consider and potentially approve a proposed restructuring scheme. This meeting follows a court order and is part of a series of steps the company is taking to manage its financial obligations. The outcome of this meeting could significantly impact the company’s financial stability and its stakeholders, as it seeks to address previous defaults and restructure its existing debt.
More about Golden Wheel Tiandi Holdings Co. Ltd.
Golden Wheel Tiandi Holdings Co. Ltd. is a company incorporated in the Cayman Islands, primarily engaged in real estate development and management. The company operates in the property sector, focusing on residential and commercial properties in Hong Kong and mainland China.
Average Trading Volume: 129,613
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$80.96M
For a thorough assessment of 1232 stock, go to TipRanks’ Stock Analysis page.