Sino-Ocean Group Holding (HK:3377) has released an update.
Sino-Ocean Group Holding is actively engaged in the development of residential and investment properties primarily in China, with operations spanning senior living services and logistics real estate. The company is navigating a restructuring process to manage its substantial debt load, amounting to over USD 5.6 billion in financial liabilities. Despite these challenges, Sino-Ocean projects generating USD 2.8 billion in cash flow through 2034 to address new financial obligations.
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