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The latest update is out from Kaisa Group Holdings Ltd. ( (HK:1638) ).
Kaisa Group Holdings Ltd. announced a proposed extension of the Scheme Longstop Dates related to its offshore debt restructuring. Due to anticipated delays in receiving necessary regulatory approvals, the company seeks to extend the deadline from June 30, 2025, to September 30, 2025, to ensure all conditions for the restructuring are met. This extension aims to provide additional time for the company and its partner, Rui Jing, to fulfill the restructuring conditions, with all other terms remaining unchanged.
More about Kaisa Group Holdings Ltd.
Kaisa Group Holdings Ltd. is a company incorporated in the Cayman Islands, primarily involved in the real estate industry. It focuses on property development and management, with a market presence in Hong Kong.
Average Trading Volume: 2,087,651
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.05B
Learn more about 1638 stock on TipRanks’ Stock Analysis page.