tiprankstipranks
Company Announcements

Skyfame Realty Advances Debt Restructuring Amid Court Adjournment

Story Highlights
Skyfame Realty Advances Debt Restructuring Amid Court Adjournment

Discover the Best Stocks and Maximize Your Portfolio:

Skyfame Realty (Holdings) Ltd ( (HK:0059) ) just unveiled an announcement.

Skyfame Realty has announced a significant development in its ongoing debt restructuring efforts. The Chief Justice of the Bermuda Supreme Court has adjourned the hearing for the winding-up petition to June 20, 2025, allowing the company more time to pursue restructuring. The Board of Directors has decided to support and actively pursue the proposed restructuring, reflecting a renewed commitment to achieving a favorable outcome for all stakeholders involved.

More about Skyfame Realty (Holdings) Ltd

Skyfame Realty (Holdings) Ltd is a real estate company incorporated in Bermuda, primarily focused on property development and management. The company is publicly listed on the Hong Kong Stock Exchange and has been undergoing financial restructuring.

Average Trading Volume: 5,492,648

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$84.46M

For detailed information about 0059 stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1