BRIEF-Kaisa Group Updates On Results Of Scheme Meetings

Reuters
28 Feb
BRIEF-Kaisa Group Updates On Results Of Scheme Meetings

Feb 28 (Reuters) - Kaisa Group Holdings Ltd 1638.HK:

  • FURTHER INFORMATION IN RELATION TO OFFSHORE DEBT RESTRUCTURING - RESULTS OF SCHEME MEETINGS

  • HEARING OF PETITION SEEKING SANCTION OF KAISA CAYMAN SCHEME IS PRESENTLY SCHEDULED TO TAKE PLACE AT 9:30 A.M. ON 26 MARCH 2025

  • 98.03% OF TOTAL NUMBER AND 97.14% OF TOTAL VALUE OF VOTING KAISA SCHEME CLAIMS VOTED IN FAVOUR OF KAISA HONG KONG SCHEME

  • TOTAL OF 2,843 CREDITORS OF KAISA HONG KONG SCHEME HOLDING VOTING KAISA SCHEME CLAIMS OF US$14.83 BILLION VOTED IN FAVOUR OF SCHEME

  • KAISA HONG KONG SCHEME WAS APPROVED BY REQUISITE MAJORITY OF CREDITORS OF KAISA HONG KONG SCHEME

Further company coverage: 1638.HK

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

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