BRIEF-Shimao Group Says Total Of 2,053 Scheme Creditors Voted In Favour Of Scheme

Reuters
24 Feb
BRIEF-Shimao Group Says Total Of 2,053 Scheme Creditors Voted In Favour Of Scheme

Feb 24 (Reuters) - Shimao Group Holdings Ltd 0813.HK:

  • A TOTAL OF 2,053 SCHEME CREDITORS HOLDING VOTING SCHEME CLAIMS IN AGGREGATE AMOUNT OF US$11.04 BILLION VOTED IN FAVOUR OF SCHEME

  • COMPANY WILL NOW PROCEED TO SEEK APPROVAL AND SANCTION OF HIGH COURT IN RESPECT OF SCHEME

  • PETITION SEEKING SANCTION OF SCHEME WILL BE HEARD ON 13 MARCH

Further company coverage: 0813.HK

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

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