Brief: Shimao Updates In Relation To Restructuring Of Offshore Debt
Jan 16 (Reuters) - Shimao Group Holdings Ltd 0813.HK :
* HIGH COURT OF HONG KONG SPECIAL ADMINISTRATIVE REGION
DIRECTED
MEETING OF SCHEME CREDITORS BE HELD
* SCHEME MEETING IS SCHEDULED TO BE HELD ON 24 FEBRUARY 2025
* PURPOSE OF MEETING TO CONSIDER APPROVING A SCHEME OF
ARRANGEMENT
TO BE MADE BETWEEN COMPANY AND SCHEME CREDITORS
* SUBSTANTIVE HEARING OF PETITION AT WHICH HIGH COURT WILL
DETERMINE WHETHER OR NOT TO SANCTION SCHEME BE HELD ON 13 MARCH
2025
Further company coverage: 0813.HK
((Reuters.Briefs@thomsonreuters.com;))
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