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Times China Holdings ( (HK:1233) ) just unveiled an update.
Times China Holdings Limited has announced an update on its proposed restructuring of offshore debts. As of the Base Consent Fee Deadline, approximately 85.33% of creditors have agreed to the Restructuring Support Agreement (RSA), which is a significant step in the company’s debt restructuring process. The company has scheduled a convening hearing with the High Court of the Hong Kong Special Administrative Region to approve the scheme with creditors. This restructuring effort indicates Times China’s active measures to stabilize its financial standing amidst ongoing market challenges.
More about Times China Holdings
Times China Holdings Limited is a company incorporated in the Cayman Islands with limited liability. It operates within the real estate sector, focusing on property development and management, primarily in China. The company is listed on The Stock Exchange of Hong Kong Limited, with a stock code of 1233.
YTD Price Performance: 200%
Average Trading Volume: 10,000
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $91.78M
For an in-depth examination of 1233 stock, go to TipRanks’ Stock Analysis page.
