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An announcement from Kaisa Group Holdings Ltd. ( (HK:1638) ) is now available.
Kaisa Group Holdings Ltd. has announced significant progress in its offshore debt restructuring efforts. The company has fulfilled several conditions necessary for the restructuring’s effectiveness, including achieving major milestones such as the Kaisa Schemes Effective Date and the Rui Jing Schemes Effective Date. On September 1, 2025, Kaisa issued 2.1 billion AHG Work Fee Shares as part of the restructuring process. The company anticipates completing the restructuring by the end of September 2025, pending the satisfaction or waiver of remaining conditions. Stakeholders are advised to exercise caution when dealing with the company’s securities during this period.
More about Kaisa Group Holdings Ltd.
Kaisa Group Holdings Ltd. is a company incorporated in the Cayman Islands with limited liability, operating primarily in the real estate industry. The company is known for its involvement in property development and management, with a focus on the Chinese market.
YTD Price Performance: -26.26%
Average Trading Volume: 2,992,677
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.02B
For detailed information about 1638 stock, go to TipRanks’ Stock Analysis page.