Brief: Yuzhou Group Announces Possible Extension Of Longstop Date For Proposed Restructuring

Yuzhou group Co

17/01/2025 08:38

Jan 17 (Reuters) - Yuzhou Group Holdings Co Ltd
 1628.HK :
    * UPDATE ON OFFSHORE DEBT RESTRUCTURING
    * POSSIBLE EXTENSION OF LONGSTOP DATE FOR PROPOSED
RESTRUCTURING
    * AS AT JAN 17, SOME OF RESTRUCTURING CONDITIONS REMAIN
OUTSTANDING
    * CONSIDERS NECESSARY TO EXTEND EXISTING LONGSTOP DATE OF 28
FEB
    * NECESSARY TO EXTEND EXISTING LONGSTOP DATE TO ALLOW MORE
TIME TO
SATISFY OUTSTANDING RESTRUCTURING CONDITIONS
    * WILL DELAY IMPLEMENTATION OF RIGHTS ISSUE UNTIL FURTHER
NOTICE

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