Brief: Shimao Group Announces Dismissal Of Winding-Up Petition Against Co
02/12/2024 09:30
Dec 2 (Reuters) - Shimao Group Holdings Ltd 0813.HK :
* DISMISSAL OF WINDING-UP PETITION AND UPDATE IN RELATION TO
RESTRUCTURING OF OFFSHORE DEBT
* WINDING-UP PETITION FILED AT HIGH COURT AGAINST COMPANY
WAS
DISMISSED BY CONSENT
* SCHEME CREDITORS HOLDING IN AGGREGATE 79.06% IN PRINCIPAL
AMOUNT
OF IN-SCOPE DEBT DEMONSTRATED SUPPORT TO PROPOSED RESTRUCTURING
Further company coverage: 0813.HK
((Reuters.Briefs@thomsonreuters.com;))
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