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Sino Grandness Proposes Settlement for Outstanding Bonds

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Sino Grandness Proposes Settlement for Outstanding Bonds

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The latest update is out from Sino Grandness Food Industry Group Limited ( (SG:T4B) ).

Sino Grandness Food Industry Group Limited has announced a proposed settlement regarding its outstanding bond obligations from 2011 and 2012. The settlement, facilitated by Goldman Sachs Investments Holdings (Asia) Limited, involves a payment of RMB 270 million over 3.5 years, which could impact the company’s financial stability and stakeholder interests.

More about Sino Grandness Food Industry Group Limited

Sino Grandness Food Industry Group Limited is a company incorporated in Singapore, operating in the food industry. The company focuses on producing and distributing food products, with a market emphasis on various bonds issued in previous years.

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$22.99M

See more data about T4B stock on TipRanks’ Stock Analysis page.

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