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Kaisa Group Announces Offshore Debt Restructuring Meetings

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Kaisa Group Announces Offshore Debt Restructuring Meetings

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Kaisa Group Holdings Ltd. ( (HK:1638) ) has issued an update.

Kaisa Group Holdings Ltd. has announced the scheduling of scheme meetings to discuss its offshore debt restructuring plans. This move signifies significant progress in the company’s efforts to manage its financial obligations, potentially impacting its stability and stakeholder interests. The meetings will take place in Hong Kong and the Cayman Islands, addressing both the Kaisa and Rui Jing schemes, reflecting the company’s strategic approach to handling its debt situation.

More about Kaisa Group Holdings Ltd.

Kaisa Group Holdings Ltd. is a company incorporated in the Cayman Islands, operating primarily in the real estate industry. It focuses on property development and urban renewal projects, catering to various market needs in these sectors.

YTD Price Performance: -10.0%

Average Trading Volume: 19,797

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €152.2M

Learn more about 1638 stock on TipRanks’ Stock Analysis page.

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