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…
BRIEF: Sino-Ocean liquidation petition hearing adjourned to year-end
Property developer Sino-Ocean Group Holdings Ltd. (3377.HK) announced that Hong Kong’s High Court on Monday ordered a petition to liquidate the company, also known as a winding up petition, to…
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