Brief: Oscar Properties: Liquidator Bankrupts Three Real Estate Subsidiaries

Oscar Properties Holding AB

11/07/2024 07:46

July 11 (Reuters) - Oscar Properties Holding AB  OP.ST :
    * THE LIQUIDATOR OF THREE REAL ESTATE OWNING SUBSIDIARIES
PUTS
THEM INTO BANKRUPTCY
    * DECISION CONCERNS THREE PROPERTY-OWNING SUBSIDIARIES IN
LIQUIDATION WITH PROPERTIES KUMLA 14:1 IN UPPSALA, ÄLGEN 1 IN
HEDEMORA AND HYLLINGE 1:13 IN IN ÅSTORP
    * THE PROPERTIES HAD A BOOK VALUE OF SEK 230 MILLION AT THE
END OF
THE LAST YEAR
    * CO'S WORK TO REORGANIZE PARENT COMPANY, SELL REMAINING
PROPERTIES INCLUDING WHOLLY OWNED REAL ESTATE GROUP HL18
PROPERTY PORTFOLIO HOLDING AB WILL CONTINUE AS BEFORE

Source text for Eikon:  ID:nMFNbRzxsR 
Further company coverage:  OP.ST 

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