Brief: Shimao Group Posts Aggregated Contracted Sales For Two Months RMB2.811 Billion
24/03/2026 09:34
March 24 (Reuters) - Shimao Group Holdings Ltd 0813.HK: AGGREGATED CONTRACTED SALES FOR TWO MONTHS ENDED 28 FEBRUARY AMOUNTED TO RMB2.811 BILLION FROM 24 DECEMBER 2025 TILL DATE, ADDITIONALLY ISSUED 570 MILLION NEW SHARES FOR CONVERSION OF MANDATORY CONVERTIBLE BONDS ACTIVELY NEGOTIATING WITH OTHER ONSHORE LENDERS AND CREDITORS ON EXTENSION OR RESTRUCTURING OF LOANS SINCE START OF 2026, GROUP HAS EXTENDED ONSHORE LOANS IN PRINCIPAL AMOUNT OF RMB1.8 BILLION AS AT MARCH 24, US$4.1 BILLION IN AGGREGATE PRINCIPAL AMOUNT OF MANDATORY CONVERTIBLE BONDS CONVERTED INTO NEW SHARES OF CO Further company coverage: 0813.HK ((Reuters.Briefs@thomsonreuters.com;))
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