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Sino-Ocean Group Holding ( (HK:3377) ) just unveiled an update.
Sino-Ocean Group Holding Limited has announced the availability of listing documents on the Singapore Exchange website for US$47.6 million of 3.00% senior secured notes due 2033/2034/2035 and US$21.2 million of zero coupon mandatory convertible bonds due 2027, issued as part of a bilateral restructuring of certain group loan facilities. The company stresses that these documents are being posted to comply with Hong Kong listing rules and ensure equal information dissemination to Hong Kong investors, and do not constitute an offer or inducement to subscribe for or purchase securities in any jurisdiction, underscoring the strictly regulatory and informational nature of the disclosure for existing stakeholders and market participants.
The most recent analyst rating on (HK:3377) stock is a Sell with a HK$0.10 price target. To see the full list of analyst forecasts on Sino-Ocean Group Holding stock, see the HK:3377 Stock Forecast page.
More about Sino-Ocean Group Holding
Sino-Ocean Group Holding Limited is a Hong Kong-incorporated company listed on the Hong Kong Stock Exchange, operating through a group structure in the broader property and investment sector, with financing conducted via international capital markets.
YTD Price Performance: -57.49%
Average Trading Volume: 44,721,145
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1.24B
For an in-depth examination of 3377 stock, go to TipRanks’ Overview page.