triplefruitdeluxemegaways| Baolong Real Estate (01238.HK) disclosed the progress of the restructuring: plan creditors with more than 88% of the total outstanding principal of the debt have signed restructuring support agreements

Intro: Glonghui April 28 丨 Baolong Real Estate (01238triplefruitdeluxemegaways.HK) announcedtriplefruitdeluxemegawaysAt the deadline for agree...

Glonghui April 28 丨 Baolong Real Estate (01238triplefruitdeluxemegaways.HK) announcedtriplefruitdeluxemegawaysAt the deadline for agreeing fees (i.e., 5:00 pm on April 26, 2024 (Hong Kong time)), plan creditors holding more than 88% of the total outstanding principal amount of the debt within the scope have signed a restructuring support agreement.

triplefruitdeluxemegaways| Baolong Real Estate (01238.HK) disclosed the progress of the restructuring: plan creditors with more than 88% of the total outstanding principal of the debt have signed restructuring support agreements

The company hereby announces a hearing on the plan and will seek an order from the High Court of the Hong Kong Special Administrative Region of the People's Republic of China (the "Court") to convene a plan meeting so that plan creditors can review and, as appropriate, approve the plan (whether or not revised)triplefruitdeluxemegaways; The court hearing is scheduled to be held at 10:00 a.m.(Hong Kong time) on July 18, 2024.

Others
Comments