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Sino-Ocean Group Holding ( (HK:3377) ) has provided an update.
Sino-Ocean Group Holding Limited announced that the Hong Kong court has sanctioned its offshore debt restructuring plan, known as the HK Scheme, and the effective date was confirmed on February 19, 2025. This development marks significant progress in the company’s efforts to manage its financial liabilities, although the full restructuring effective date for its offshore debts remains pending further conditions.
More about Sino-Ocean Group Holding
Sino-Ocean Group Holding Limited is a real estate company incorporated in Hong Kong, focusing on property development, property investment, asset management, and related financial services. The company operates primarily in the Chinese market, with a diverse portfolio that includes residential, commercial, and mixed-use developments.
YTD Price Performance: 17.50%
Average Trading Volume: 294,100
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $253.9M
See more insights into 3377 stock on TipRanks’ Stock Analysis page.
