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Sino-Ocean Group Holding ( (HK:3377) ) has shared an announcement.
Sino-Ocean Group Holding Limited announced a restructuring plan for its subsidiary, Beijing Sino-Ocean Group Holding Limited, to address liquidity challenges and stabilize operations. The plan includes options for bondholders such as cash repurchase, equity economic income rights, and debt settlement with assets, aiming to adjust repayment arrangements for existing bonds and improve financial sustainability.
More about Sino-Ocean Group Holding
Sino-Ocean Group Holding Limited is a company incorporated in Hong Kong, primarily engaged in real estate development and property management. The company focuses on delivering residential and commercial projects, with significant operations in regions such as Beijing-Tianjin-Hebei and the Greater Bay Area.
Average Trading Volume: 62,138,404
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.37B
For a thorough assessment of 3377 stock, go to TipRanks’ Stock Analysis page.