3 stories mentioning HKG:1238Updated 28d ago
Every FINWIRES story that references HKG:1238, newest first.
Powerlong Real Estate (HKG:1238) recorded contracted sales of around 600 million yuan in May, with a sales area of 77,786 square meters, according to a Friday Hong Kong bourse filing.For the five months ended May 31, contracted sales and sales area reached roughly 2.79 billion yuan and 276,645 square meters, respectively.
Powerlong Real Estate (HKG:1238) secured creditor approval for its proposed debt restructuring scheme at a scheme meeting, according to a Tuesday Hong Kong bourse filing.Shares of the Chinese property developer were up nearly 4% in Wednesday morning trade.A total of 445 scheme creditors holding claims worth about $2.9 billion voted in favor of the proposal, representing about 89.5% of the value of voting claims at the meeting.Powerlong Real Estate will next seek court sanction for the scheme at a hearing scheduled for June 17 in Hong Kong.
Powerlong Real Estate (HKG:1238) recorded contracted sales of 640 million yuan in April, with a sales area of 64,684 square meters.For the four months ended April 30, contracted sales and sales area reached roughly 2.19 billion yuan and 198,858 square meters, respectively, according to a Friday Hong Kong bourse filing.
