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Logan Property Holdings Co ( (HK:3380) ) has issued an announcement.
Logan Group Company Limited has announced proposed amendments to its US$350,000,000 Subordinated Perpetual Capital Securities. The company is seeking consent from security holders to approve a written resolution that will allow the issuer to redeem the securities in whole at 100% of the outstanding principal amount, paid in ordinary shares, contingent upon the restructuring of offshore debts within a specified timeframe.
The most recent analyst rating on (HK:3380) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Logan Property Holdings Co stock, see the HK:3380 Stock Forecast page.
More about Logan Property Holdings Co
Average Trading Volume: 32,572,866
Technical Sentiment Signal: Buy
Current Market Cap: HK$8.36B
See more data about 3380 stock on TipRanks’ Stock Analysis page.