No Data
Landsea Green Management to Obtain Green Architecture Services From Affiliate
Many real estate stocks surged by over 60%! On the first day of the new policies in Beijing, Shanghai, Guangzhou, and Shenzhen, some people even "bought houses in the air" overnight!
After the opening of the Hong Kong stock market, the real estate sector has the highest increase, with more than several individual stocks still rising by over 60% as of the time of writing.
Landsea Green Management Seeks to Extend Maturity, Lower Interest Rate on 10.75% Bonds
Landsea Management (00106.HK) requests consent to amend the contract for this year's maturing senior notes.
Landsea Management (00106.HK) announced that the outstanding principal amount of the 10.75% senior notes due this year is approximately $94.4584 million. The company is currently seeking the consent of qualified note holders to amend and agree to certain terms proposed for waiver of the agreement. The company stated that the main purpose of seeking consent and proposing amendments and waivers is to extend the maturity of its debts, strengthen its balance sheet, and improve cash flow management. Due to the continuously deteriorating operating environment affecting the real estate industry in China, the company's liquidity and cash flow have been under pressure and are expected to remain tight. The company has not made payment as of April 20 this year.
Landsea mgmt (00106) is currently seeking the consent of eligible holders of the 10.75% senior notes due in 2024 to amend the agreement and the proposed waiver agreement.
landsea mgmt (00106) announced that the board of directors is currently soliciting eligible bills as of the record date...
Landsea Management (00106.HK) recommends selling up to 3.265 million shares of LSEA.
Great Wisdom on September 26th, landsea mgmt (00106.HK) announced that the company proposed to sell up to 3.265 million shares of LSEA, equivalent to approximately 9% of the issued and outstanding shares of LSEA as of the date of this announcement. Landsea Homes is established and registered under the laws of the state of Delaware in the USA, and its common stock is listed on nasdaq. Landsea Homes is mainly engaged in real estate development. Considering the current market conditions, the board of directors believes that the proposed sale may provide the group with the opportunity to realize its investment in Landsea Homes and increase.
No Data
No Data