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Logan Property Holdings Co ( (HK:3380) ) has issued an announcement.
Logan Group Company Limited has announced that holders of at least 90% of its US$350 million subordinated perpetual capital securities have provided valid consent to amend the terms of the securities. The written resolution approving these amendments was passed on 2 December 2025 and has taken effect as an extraordinary resolution under the existing trust deed.
The company has committed to effect a redemption by shares within six months after the occurrence of a specified redemption event, as described in its prior launch announcement. In line with the approved changes, Logan Group and the trustee have executed a supplemental trust deed, formalising the new terms and making them binding on all securityholders.
More about Logan Property Holdings Co
Logan Group Company Limited is a Hong Kong-listed property developer, previously known as Logan Property Holdings Company Limited. The group focuses on real estate development and related investments, with its securities also listed and regulated in overseas markets such as the Singapore Exchange.
Average Trading Volume: 17,280,353
Technical Sentiment Signal: Hold
Current Market Cap: HK$7.33B
Learn more about 3380 stock on TipRanks’ Stock Analysis page.