SINO-OCEAN GP (03377): "H15 Ocean 5" and "H18 Ocean 1" will continue to be suspended from trading.
20/11/2023
GMT Eight
Sino-Ocean GP (03377) has announced that its wholly-owned subsidiary, Sino-Ocean Holdings China, has issued "H15 Sino-Ocean 5" corporate bonds (formerly known as "15 Sino-Ocean 05", security code: 122498.SH) and "H18 Sino-Ocean 1" corporate bonds (formerly known as "18 Sino-Ocean 01", security code: 143666.SH) (collectively referred to as "the Bonds").
As of November 17, 2023, Sino-Ocean Holdings China has reached an agreement with the bondholders of the Bonds regarding the repayment plan. To ensure the smooth progress of the subsequent debt repayment work, the Bonds will continue to be suspended from trading. During the suspension period, Sino-Ocean Holdings China will make every effort to raise funds and make appropriate debt repayment arrangements to protect the legitimate rights and interests of investors.