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Sino-Ocean Group Advances Offshore Debt Restructuring Amid Court Proceedings
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Sino-Ocean Group Advances Offshore Debt Restructuring Amid Court Proceedings

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Invest with Confidence:

Sino-Ocean Group Holding ( (HK:3377) ) has provided an update.

Sino-Ocean Group Holding Limited has announced progress on its offshore debt restructuring. The Hong Kong Court has adjourned the hearing to sanction the Hong Kong Scheme to February 19, 2025, awaiting the English Court’s decision on a related restructuring plan. Stakeholders are advised to stay informed of further developments as the company navigates its financial restructuring process.

More about Sino-Ocean Group Holding

Sino-Ocean Group Holding Limited is a Hong Kong-incorporated company operating in the real estate sector. The company focuses on property development and management, primarily within the Asian market. Its subsidiaries, including Sino-Ocean Land Treasure Finance Limited entities, are involved in financial activities related to real estate.

YTD Price Performance: -5.00%

Average Trading Volume: 17,633

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $237.9M

For an in-depth examination of 3377 stock, go to TipRanks’ Stock Analysis page.

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