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Logan Group Secures Majority Creditor Support for Restructuring

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Logan Group Secures Majority Creditor Support for Restructuring

Logan Property Holdings Co ( (HK:3380) ) just unveiled an update.

Logan Group Company Limited has successfully secured the support of creditors holding over 80.8% of its offshore debt, amounting to approximately US$6,207 million, as part of its holistic restructuring efforts. The company is focused on implementing the restructuring proposal promptly to safeguard creditors’ interests and invites remaining creditors to join the agreement.

More about Logan Property Holdings Co

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $753.3M

For a thorough assessment of 3380 stock, go to TipRanks’ Stock Analysis page.

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