Hatten Land Clarifies Auction Reports Amid Interim Judicial Management

MT Newswires08-30

Hatten Land (SGX:PH0), currently under interim judicial management, clarified recent media reports regarding its property auctions, according to a Thursday filing on the Singapore Exchange.

The company noted that the Scheme Manager's auction of 32 units at Imperio Mall, made public on July 29, was not officially communicated to them. The auction is part of the creditors' voluntary liquidation process.

Additionally, the company addressed advertisements for the auction of 150 pledged units at Imperia Mall. It confirmed that, while it has not received formal notice from the lender, such auctions are a standard part of the lender's repayment strategy.

The company's shares have been suspended from trading since Aug. 5.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2463223904?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-08-30 10:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2463223904","market":"sg","top_or_hot":-1,"title":"Hatten Land Clarifies Auction Reports Amid Interim Judicial Management","media":"MT Newswires","content":"<html><body><p> Hatten Land (SGX:PH0), currently under interim judicial management, clarified recent media reports regarding its property auctions, according to a Thursday filing on the Singapore Exchange.</p><p>The company noted that the Scheme Manager's auction of 32 units at Imperio Mall, made public on July 29, was not officially communicated to them. The auction is part of the creditors' voluntary liquidation process.</p><p>Additionally, the company addressed advertisements for the auction of 150 pledged units at Imperia Mall. It confirmed that, while it has not received formal notice from the lender, such auctions are a standard part of the lender's repayment strategy.</p><p>The company's shares have been suspended from trading since Aug. 5.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hatten Land Clarifies Auction Reports Amid Interim Judicial Management</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHatten Land Clarifies Auction Reports Amid Interim Judicial Management\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-30 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hatten Land (SGX:PH0), currently under interim judicial management, clarified recent media reports regarding its property auctions, according to a Thursday filing on the Singapore Exchange.The company...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6117","symbol_name":"房地产开发","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2463223904","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2463223904","pubTimestamp":1724984804,"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1060499803","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Hatten Land (SGX:PH0), currently under interim judicial management, clarified recent media reports regarding its property auctions, according to a Thursday filing on the Singapore Exchange.The company","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6117":"房地产开发","BK6512":"房地产股","PH0.SI":"VGO企业"},"translate_title":"Hatten Land在临时司法管理期间澄清拍卖报告","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PH0.SI":0.9},"content_text":"Hatten Land (SGX:PH0), currently under interim judicial management, clarified recent media reports regarding its property auctions, according to a Thursday filing on the Singapore Exchange.The company noted that the Scheme Manager's auction of 32 units at Imperio Mall, made public on July 29, was not officially communicated to them. The auction is part of the creditors' voluntary liquidation process.Additionally, the company addressed advertisements for the auction of 150 pledged units at Imperia Mall. It confirmed that, while it has not received formal notice from the lender, such auctions are a standard part of the lender's repayment strategy.The company's shares have been suspended from trading since Aug. 5.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2463223904"}