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Sunshine 100 China Faces Statutory Demand for Debt Repayment

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Sunshine 100 China Faces Statutory Demand for Debt Repayment

Elevate Your Investing Strategy:

Sunshine 100 China Holdings Ltd. ( (HK:2608) ) has provided an update.

Sunshine 100 China Holdings Ltd has received a statutory demand from HTI Financial Solutions Limited and Haitong International Financial Products Limited, demanding repayment of approximately US$205 million and HK$450,000. The demand stems from a consent judgment, a Tomlin order, and accrued interest under a notes purchase agreement. The company is seeking legal advice and exploring debt restructuring arrangements to safeguard shareholder interests.

More about Sunshine 100 China Holdings Ltd.

Sunshine 100 China Holdings Ltd is a company incorporated in the Cayman Islands, primarily operating in the real estate sector. The company focuses on property development and management, with a market presence in China.

Average Trading Volume: 22,414,436

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$28.06M

See more data about 2608 stock on TipRanks’ Stock Analysis page.

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