Hong Kong-Listed Property Group Times China Holdings Received Winding-Up Petition from Hang Seng Bank for $266 Million of Debts with Hearing Date Scheduled for 3rd July 2024, Current Market Value at $37 Million with Share Price Decreased -78% in Last 12 Months & -99% Last 5 Years
20th April 2024 | Hong Kong
Hong Kong-listed property group Times China Holdings has received a winding-up petition from Hang Seng Bank for $266 million of debts, with the first court hearing date scheduled for 3rd July 2024. Times China Holdings current market value is at $37 million (19/4/24) with share price decreasing -78% in last 12 months & more than -99% in the last 5 years. Times China Holdings Limited (01233.HK), a company listed on the Hong Kong Stock Exchange, ranks among China’s top 500 private companies, the Fortune China 500 and the top 50 real-estate developers. Incorporated in 1999, Times China Holdings is today a leading urban development operator with engagement in China’s residential project development, urban renewal, industrial development, commercial development, community services, furniture and decoration, future education and other sectors. Times China Holdings will continue to develop the Guangdong-Hong Kong-Macao Greater Bay Area, and gain market presence in regions with high growth potential, such as the Yangtze River Delta region, the Middle Reaches of the Yangtze River and the Chengdu-Chongqing city cluster.The company has expanded its investment into 20 urban areas classified as economically well developed. With more than 200 projects in various phases of development, it has welcomed more than 600,000 owners to a higher standard of residential accommodation and a more fulfilling lifestyle.
“ Hong Kong-Listed Property Group Times China Holdings Received Winding-Up Petition from Hang Seng Bank for $266 Million of Debts with Hearing Date Scheduled for 3rd July 2024, Current Market Value at $37 Million with Share Price Decreased -78% in Last 12 Months & -99% Last 5 Years “
Hong Kong-Listed Property Group Times China Holdings Received Winding-Up Petition from Hang Seng Bank for $266 Million of Debts with Hearing Date Scheduled for 3rd July 2024, Current Market Value at $37 Million with Share Price Decreased -78% in Last 12 Months & -99% Last 5 Years
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