Sino-Ocean Subsidiary Faces Liquidity Challenges Amidst Bond Issues

Reuters
30 May
Sino-<a href="https://laohu8.com/S/1B6.SI">Ocean</a> Subsidiary Faces Liquidity Challenges Amidst Bond Issues

Sino-Ocean Group Holding Ltd. has released an update regarding the bonds of its wholly-owned subsidiary, Beijing Sino-Ocean Group Holding Limited. The announcement highlights ongoing liquidity constraints faced by the subsidiary, which remain unresolved as of the latest update. During the grace period, Sino-Ocean Holding plans to actively raise funds to address its debt issues and protect investor rights. Further details will be announced separately. The company advises shareholders and potential investors to exercise caution and consider seeking professional advice when dealing with its securities.

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