E-HOUSE ENT (02048): Extends Irrevocable Restructuring Support Invitation

Stock News
01/30

E-HOUSE ENT (02048) announced that the company is greatly encouraged by the strong support from its offshore debt holders for the restructuring and is pleased to announce that, as of 5:00 p.m. on January 30, 2026 (Hong Kong Time), holders of approximately 72.22% of the outstanding principal amount of the offshore debt have acceded to and/or agreed and are taking steps to accede to the Restructuring Support Agreement. These offshore debt holders will be bound by the Restructuring Support Agreement as if they were original consenting creditors party to the agreement upon the valid execution and delivery of their respective Accession Letters and Restricted Note Notices. The company is currently preparing the scheme documents and other documents related to the Cayman Scheme and the Hong Kong Scheme (the Petitions) and intends to file the Petitions with the Cayman Islands Court and the Hong Kong High Court, respectively, in each case on the terms set out in the Restructuring Support Agreement, upon completion of the documents. To allow offshore debt holders time to complete the remaining steps for acceding to the Restructuring Support Agreement, the company hereby announces that it has extended the Restructuring Support Agreement Deadline with immediate effect from 4:00 p.m. on January 30, 2026 (London Time) to 4:00 p.m. on February 27, 2026 (London Time) (the Second Further Extended Restructuring Support Agreement Deadline). The company intends for this to be the final extension of the Restructuring Support Agreement Deadline, providing noteholders with an additional opportunity to join the Restructuring Support Agreement.

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