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Kaisa Group Holdings Ltd. ( (HK:1638) ) has issued an update.
Kaisa Group Holdings Ltd. announced that the Rui Jing BVI Scheme has been sanctioned by the Eastern Caribbean Supreme Court, marking a significant step in the company’s offshore debt restructuring efforts. The sanctioning of this scheme, along with others, is pivotal for Kaisa’s financial restructuring, potentially impacting its market position and stakeholder interests. The company plans to issue further announcements regarding the effective dates of these schemes.
More about Kaisa Group Holdings Ltd.
Kaisa Group Holdings Ltd. is a company incorporated in the Cayman Islands with limited liability, primarily involved in the real estate industry. It is listed on the Hong Kong Stock Exchange under the stock code 1638.
YTD Price Performance: -50.0%
Average Trading Volume: 3,300
Technical Sentiment Signal: Buy
Current Market Cap: €144.9M
Learn more about 1638 stock on TipRanks’ Stock Analysis page.
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