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An announcement from Sunshine 100 China Holdings Ltd. ( (HK:2608) ) is now available.
Sunshine 100 China Holdings Ltd has announced a supplemental update regarding its statutory demand, highlighting defaults on its issued senior notes. The company has faced legal proceedings due to its failure to repurchase certain notes, leading to claims from financial entities. Despite consent orders issued by the High Court, no payment timetable has been agreed, and the company’s financial liabilities remain unchanged, impacting its stakeholders and market position.
More about Sunshine 100 China Holdings Ltd.
Sunshine 100 China Holdings Ltd is a company incorporated in the Cayman Islands, primarily involved in real estate development and management. The company focuses on residential and commercial properties in China, aiming to cater to the growing urban population and their housing needs.
Average Trading Volume: 21,524,029
Technical Sentiment Signal: Sell
Current Market Cap: HK$33.16M
See more data about 2608 stock on TipRanks’ Stock Analysis page.