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Sino-Ocean Group Adjusts Bond Repayment Amid Liquidity Challenges

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Sino-Ocean Group Adjusts Bond Repayment Amid Liquidity Challenges

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Sino-Ocean Group Holding ( (HK:3377) ) just unveiled an update.

Sino-Ocean Group Holding Limited announced adjustments to the repayment arrangements for its subsidiary’s ‘H21 Sino-Ocean 1’ corporate bonds. The company plans to repay a small portion of the principal within 30 trading days and has a grace period to avoid default, reflecting ongoing liquidity challenges. The company is actively seeking funds to address these issues and protect investor interests.

More about Sino-Ocean Group Holding

Sino-Ocean Group Holding Limited is a company incorporated in Hong Kong, operating in the real estate industry. It focuses on property development and investment, offering a range of services related to real estate management and development.

Average Trading Volume: 27,465,901

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.05B

For a thorough assessment of 3377 stock, go to TipRanks’ Stock Analysis page.

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