An update from Sino-Ocean Group Holding ( (HK:3377) ) is now available.
Sino-Ocean Group Holding Limited announced the dismissal of a winding-up petition against the company by the High Court on March 17, 2025. This development follows significant progress in restructuring the company’s offshore debts, including the effective dates of both the English restructuring plan and the Hong Kong scheme of arrangement. The dismissal of the petition marks a positive step for Sino-Ocean, potentially stabilizing its financial standing and reassuring stakeholders.
More about Sino-Ocean Group Holding
Sino-Ocean Group Holding Limited is a company incorporated in Hong Kong, primarily involved in real estate development and management. The company operates through various subsidiaries, including Sino-Ocean Land Treasure Finance entities, focusing on property investment and financing, with a market presence in Hong Kong and the British Virgin Islands.
YTD Price Performance: 23.68%
Average Trading Volume: 294,100
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $238.4M
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