Express News | MODERN LAND: Member companies have entered into an offset agreement with the first service member company.

BreakingsDec 23 21:57

FIRST SERVICE (02107.HK) has entered into an offset agreement with MODERN LAND Group.

On December 23, 2023, FIRST SERVICE (02107.HK) announced that on December 23, 2024, the group signed offset agreements with MODERN LAND Group, whereby the members of the group agreed to settle the unpaid receivables owed to them by members of MODERN LAND Group mainly through the transfer of such properties. MODERN LAND had previously been able to fulfill its payment obligations according to the terms of the relevant individual agreements. However, starting in 2024, the receivables began to experience delayed settlements, which the group understands is mainly due to various adverse factors such as the macroeconomic environment, the environment in the Real Estate Industry, and the COVID-19 pandemic.

Gelonghui FinanceDec 23 20:21

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.

Securities TimesOct 2 15:13

Contemporary China (01107.HK) delays mid-term performance until 2024.

Contemporary China (01107.HK) announced that due to the pending publication and distribution of the financial performance and annual report of the 2023 fiscal year, the interim performance as of June 2024 cannot be published. The company stated that it will announce the progress of the aforementioned report as soon as appropriate. The trading of the company's shares will continue to be suspended until further notice.

AASTOCKSAug 30 17:12

MODERN LAND: DELAY IN PUBLICATION OF INTERIM RESULTS AND DESPATCH OFINTERIM REPORT FOR THE SIX MONTHS ENDED 30 JUNE 2024 ANDCONTINUED SUSPENSION OF TRADING

HKEXAug 30 17:10 · Announcements

Modern Land Clarifies Securities Offering Stance

TipRanksJul 2 17:14