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The latest update is out from Logan Property Holdings Co ( (HK:3380) ).
Logan Group Company Limited has announced significant progress in its holistic restructuring efforts, having secured strong support from offshore creditors for its restructuring proposal. As of late January 2025, creditors holding more than 66% of the company’s offshore debt have agreed to the restructuring plan, with additional creditors expressing intent to join after internal approvals. The company plans to seek court approval to expedite the implementation of the restructuring proposal, aiming to protect creditor interests and enhance operational stability.
More about Logan Property Holdings Co
Logan Group Company Limited is a company engaged in the property industry, focusing primarily on real estate development and investment. The company is listed on the Hong Kong Stock Exchange and offers a range of services related to property development and management.
YTD Price Performance: 0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $700.6M
Learn more about 3380 stock on TipRanks’ Stock Analysis page.