BRIEF: UK court approves Sino-Ocean’s $5.6 billion debt restructuring
A UK court approved an offshore debt restructuring plan proposed by property developer Sino-Ocean Group Holding Ltd. (3377.HK) on Monday, despite opposition from several of its creditors. The news ignited…
FAST NEWS: E-House rights issue for debt restructuring
The latest: Real estate services provider E-House (China) Enterprise Holdings Ltd. (2048.HK) announced a rights issue plan on Monday, proposing a rights issue of 12 shares for every 10 shares,…
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