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Logan Property Holdings Co ( (HK:3380) ) has provided an announcement.
Logan Property Holdings Co announced a significant milestone in its restructuring efforts by reaching an agreement with its Offshore Creditors on a holistic restructuring proposal. This proposal aims to alleviate the company’s debt burden and restore its capital structure, promoting a healthier cycle of production and operational activities to unlock asset value for stakeholders.
More about Logan Property Holdings Co
Logan Property Holdings Co is a company engaged in the China property sector, focusing on real estate development. The company operates amidst challenging market conditions characterized by sluggish sales, asset depreciation, and economic growth slowdown.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $745.7M
Learn more about 3380 stock on TipRanks’ Stock Analysis page.
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