Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Shunfeng International Clean Energy ( (HK:1165) ) has shared an update.
Shunfeng International Clean Energy Limited has announced ongoing negotiations with key creditors and potential investors to address its overdue debts through a comprehensive debt restructuring plan. The company has received verbal and written support from major creditors for a scheme of arrangement and has engaged Fortune Ark Restructuring Limited as a financial advisor to draft and evaluate the restructuring terms. Despite rejecting a previous proposal, the company continues to seek consensus on restructuring terms, aiming to secure the necessary support from its creditors.
More about Shunfeng International Clean Energy
Shunfeng International Clean Energy Limited operates within the clean energy sector, focusing on providing sustainable energy solutions. The company, along with its subsidiaries, is involved in the development and management of renewable energy projects, with a market focus on expanding its clean energy footprint.
Average Trading Volume: 11,998,097
Technical Sentiment Signal: Hold
Current Market Cap: HK$132.1M
For an in-depth examination of 1165 stock, go to TipRanks’ Overview page.