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Sino-Ocean Group Holding ( (HK:3377) ) just unveiled an update.
Sino-Ocean Group Holding Limited announced progress in its offshore debt restructuring efforts, highlighting a recent hearing in the English Court regarding the sanction of an English Restructuring Plan. The court’s decision is pending, and the company plans to update shareholders and investors on material developments. Stakeholders are advised to exercise caution in dealing with the company’s securities until further announcements are made.
More about Sino-Ocean Group Holding
Sino-Ocean Group Holding Limited is a Hong Kong-incorporated company operating in the real estate industry, with a focus on property development and management. The company is associated with several subsidiaries registered in the British Virgin Islands, primarily dealing with offshore financial operations and debt management.
YTD Price Performance: 7.89%
Average Trading Volume: 17,633
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $243.8M
See more data about 3377 stock on TipRanks’ Stock Analysis page.