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Sino-Ocean Group Announces Adjournment of Winding-Up Petition Hearing

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Sino-Ocean Group Announces Adjournment of Winding-Up Petition Hearing

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

Sino-Ocean Group Holding Limited has announced that the High Court has agreed to adjourn the hearing of a winding-up petition, originally scheduled for February 17, 2025, to April 14, 2025, following a consensual application by the involved parties. The company has committed to keeping its stakeholders informed about significant developments regarding the petition, advising caution in dealing with its securities and recommending professional advice for investors.

More about Sino-Ocean Group Holding

Sino-Ocean Group Holding Limited is a company incorporated in Hong Kong with limited liability, primarily engaged in the real estate industry. It operates through various subsidiaries such as Sino-Ocean Land Treasure Finance companies, which are incorporated in the British Virgin Islands and hold debt stock codes. The company focuses on real estate development and investment with a presence in the Hong Kong market.

YTD Price Performance: 17.50%

Average Trading Volume: 294,100

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $248.7M

See more insights into 3377 stock on TipRanks’ Stock Analysis page.

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