BRIEF-Shimao Updates In Relation To Restructuring Of Offshore Debt

Reuters

01-16

BRIEF-Shimao Updates In Relation To Restructuring Of Offshore Debt

Jan 16 (Reuters) - Shimao Group Holdings Ltd 0813.HK:

HIGH COURT OF HONG KONG SPECIAL ADMINISTRATIVE REGION DIRECTED MEETING OF SCHEME CREDITORS BE HELD
SCHEME MEETING IS SCHEDULED TO BE HELD ON 24 FEBRUARY 2025
PURPOSE OF MEETING TO CONSIDER APPROVING A SCHEME OF ARRANGEMENT TO BE MADE BETWEEN COMPANY AND SCHEME CREDITORS
SUBSTANTIVE HEARING OF PETITION AT WHICH HIGH COURT WILL DETERMINE WHETHER OR NOT TO SANCTION SCHEME BE HELD ON 13 MARCH 2025

Further company coverage: 0813.HK

((Reuters.Briefs@thomsonreuters.com;))

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