Brief: Sunac China Says High Court Ordered Hearing Of Petition To Be Adjourned To 28 April
24/03/2025 10:12
March 24 (Reuters) - Sunac China Holdings Ltd 1918.HK: ADJOURNMENT OF WINDING-UP PETITION HEARING HIGH COURT ORDERED HEARING OF PETITION TO BE ADJOURNED TO 28 APRIL 2025 WILL SEEK A MORE COMPREHENSIVE HOLISTIC OFFSHORE DEBT SOLUTION BASED ON ACTUAL SITUATION APPOINTED HOULIHAN LOKEY (CHINA) LIMITED AND SIDLEY AUSTIN AS ITS FINANCIAL AND LEGAL ADVISORS, EXPECTS THAT IT WILL NOT BE ABLE TO MEET OTHER OFFSHORE PAYMENT OBLIGATIONS WHEN DUE OR WITHIN RELEVANT GRACE PERIODS Further company coverage: 1918.HK ((Reuters.Briefs@thomsonreuters.com;))
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