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Sino-Ocean Group Holding ( (HK:3377) ) has shared an update.
Sino-Ocean Group Holding Limited has announced adjustments to the repayment arrangements for its subsidiary’s corporate bonds, ‘H19 Sino-Ocean 1’ and ‘H19 Sino-Ocean 2’. The company has approved resolutions to repay 0.3% of the remaining principal of these bonds within 30 trading days, with a grace period of 30 consecutive trading days to avoid default. Despite ongoing liquidity constraints, Sino-Ocean Holding is actively seeking funds to address its debt issues and protect investor interests.
More about Sino-Ocean Group Holding
Sino-Ocean Group Holding Limited is a company incorporated in Hong Kong, operating primarily in the real estate sector. It focuses on property development and investment, with a market presence that extends through its subsidiaries, including Beijing Sino-Ocean Group Holding Limited.
Average Trading Volume: 31,290,828
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.07B
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