LOGAN GROUP (03380): Over 80.8% of the creditors have agreed to join the overall CSA.

22:41 27/02/2025

Longfor Group (03380) issued an announcement that as of 5:00 pm on February 27, 2025 (Hong Kong time), holdings...

LOGAN GROUP (03380) announced that as of 5:00 pm on February 27, 2025 (Hong Kong time), it holds a total principal amount of 6.207 billion US dollars of the company's "offshore debt" (including existing notes, equity-linked securities (ELS), existing loans, and structured financing and guaranteed debt), and more than 80.8% of the consenting creditors have joined the overall CSA. Due to the smooth progress, the general CSA fees have been closed today.

IDREAMSKY (01119) will turn losses into profits in 2025, by self-developing and collaborating on publishing, and deepening IP cultivation to build a strong growth barrier.

LIFETECH SCI (01302) announced its annual performance, with a shareholder's net profit of 148 million yuan, a decrease of 33.53% year-on-year.

S. DRAGON (08493) is expected to incur a net loss of approximately HK$14 million to HK$16 million in the year 2025.

IDREAMSKY (01119) will turn losses into profits in 2025, by self-developing and collaborating on publishing, and deepening IP cultivation to build a strong growth barrier.

LIFETECH SCI (01302) announced its annual performance, with a shareholder's net profit of 148 million yuan, a decrease of 33.53% year-on-year.

S. DRAGON (08493) is expected to incur a net loss of approximately HK$14 million to HK$16 million in the year 2025.