BRIEF-Yuzhou Group Announces Possible Extension Of Longstop Date For Proposed Restructuring

Reuters

2025/01/17

Jan 17 (Reuters) - Yuzhou Group Holdings Co Ltd 1628.HK:

UPDATE ON OFFSHORE DEBT RESTRUCTURING
POSSIBLE EXTENSION OF LONGSTOP DATE FOR PROPOSED RESTRUCTURING
AS AT JAN 17, SOME OF RESTRUCTURING CONDITIONS REMAIN OUTSTANDING
CONSIDERS NECESSARY TO EXTEND EXISTING LONGSTOP DATE OF 28 FEB
NECESSARY TO EXTEND EXISTING LONGSTOP DATE TO ALLOW MORE TIME TO SATISFY OUTSTANDING RESTRUCTURING CONDITIONS
WILL DELAY IMPLEMENTATION OF RIGHTS ISSUE UNTIL FURTHER NOTICE

Further company coverage: 1628.HK

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

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