Brief: Country Garden Decides To Implement Extraordinary Resolutions In Respect Of Existing HKD Convertible Bonds

Country Garden Holdings

06/11/2025 24:32

Nov 6 (Reuters) - Country Garden Holdings Co Ltd 2007.HK:

DECIDED TO IMPLEMENT EXTRAORDINARY RESOLUTIONS IN RESPECT OF EXISTING HKD CONVERTIBLE BONDS

WILL SEEK SANCTION OF SCHEME BY COURT AT HEARING PRESENTLY LISTED TO TAKE PLACE AT 10 : 00 A.M. HONG KONG TIME ON 4 DECEMBER

OBTAINED SUPPORT FROM REQUISITE STATUTORY MAJORITIES OF SCHEME CREDITORS TO APPROVE SCHEME AT SCHEME MEETING (CLASS 2)

THERE IS NO ASSURANCE THAT PROPOSED RESTRUCTURING WILL BE SUCCESSFULLY IMPLEMENTED AT ALL OR BEFORE END OF 2025

OBTAINED SUPPORT FROM REQUISITE STATUTORY MAJORITIES OF SCHEME CREDITORS TO APPROVE SCHEME AT SCHEME MEETING (CLASS 1)

SCHEME CREDITORS (CLASS 1) HOLDING VOTING SCHEME CLAIMS IN AGGREGATE AMOUNT OF US$3.43 BLNVOTED IN FAVOUR OF SCHEME

WILL SEEK SANCTION OF SCHEME BY COURT AT HEARING PRESENTLY LISTED TO TAKE PLACE  ON 4 DECEMBER 2025

Further company coverage: 2007.HK

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