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Powerlong Real Estate Holdings Ltd. ( (HK:1238) ) has shared an update.
Powerlong Real Estate Holdings Ltd. has announced an extension of the Consent Fee Deadline related to its holistic solution for offshore debt restructuring. Over 73% of the Scheme Debt holders have agreed to the RSA, and the deadline extension to December 19, 2025, allows additional creditors more time to complete necessary procedures. This move reflects the company’s commitment to accommodating creditor needs and ensuring broad participation in its restructuring efforts.
The most recent analyst rating on (HK:1238) stock is a Sell with a HK$0.23 price target. To see the full list of analyst forecasts on Powerlong Real Estate Holdings Ltd. stock, see the HK:1238 Stock Forecast page.
More about Powerlong Real Estate Holdings Ltd.
Powerlong Real Estate Holdings Ltd. is a company incorporated in the Cayman Islands, operating primarily in the real estate industry. The company focuses on property development and management, catering to various market segments with a significant presence in the Hong Kong stock exchange.
Average Trading Volume: 1,784,808
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.01B
See more insights into 1238 stock on TipRanks’ Stock Analysis page.