tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Times China Holdings Secures Approval for Offshore Debt Restructuring

Story Highlights
Times China Holdings Secures Approval for Offshore Debt Restructuring

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from Times China Holdings ( (HK:1233) ).

Times China Holdings Limited announced the successful approval of its proposed restructuring of offshore debts during a Scheme Meeting held on July 8, 2025. The meeting saw 97.5% of the Scheme Creditors, representing 90.08% of the total value of voting claims, vote in favor of the restructuring scheme. The company will now seek the High Court’s sanction for the scheme on July 30, 2025. This development is a significant step in addressing the company’s financial obligations and stabilizing its financial position, which is crucial for its stakeholders.

More about Times China Holdings

Times China Holdings Limited is a company incorporated in the Cayman Islands with limited liability, listed on the Stock Exchange of Hong Kong. The company operates in the real estate industry, focusing on property development and related services.

YTD Price Performance: -56.85%

Average Trading Volume: 590,592

Technical Sentiment Signal: Sell

Current Market Cap: HK$403.5M

For a thorough assessment of 1233 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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