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Hatten Land Limited Updates on Restructuring and Investor Negotiations

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Hatten Land Limited Updates on Restructuring and Investor Negotiations

Hatten Land Limited ( (SG:PH0) ) just unveiled an update.

Hatten Land Limited, under judicial management, has been engaging in progressive discussions with major creditors as part of a broader strategy to address its financial challenges. The company has also extended the validity period of key terms with a strategic investor to further explore investment opportunities. Additionally, the company has streamlined its operations by striking off its dormant subsidiary, Hatten X Pte. Ltd., which is not expected to impact its financial performance significantly. The company’s shares remain suspended, and stakeholders are advised to stay informed about any developments.

More about Hatten Land Limited

Hatten Land Limited is a company incorporated in the Republic of Singapore, currently under judicial management. The company operates within the real estate industry, focusing on development and investment opportunities.

YTD Price Performance: 10.0%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$20.43M

For detailed information about PH0 stock, go to TipRanks’ Stock Analysis page.

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