China SCE Group’s Offshore Debt Restructuring Scheme Sanctioned by Court, Becomes Effective on 17 June 2026

Bulletin Express
06/17

China SCE Group Holdings Limited announced that the High Court of Hong Kong sanctioned its offshore debt restructuring scheme on 16 June 2026. The sanction order was filed with the Registrar of Companies on 17 June 2026, satisfying the final procedural requirement and triggering the Scheme Effective Date the same day.

Under the explanatory statement circulated on 27 April 2026, the scheme’s effectiveness required three conditions: approval by a majority in number and at least 75% in value of voting creditors, court sanction, and registration of the sanction order. All conditions are now fulfilled.

With the scheme effective, China SCE Group will proceed toward implementing the wider restructuring, but completion remains subject to additional conditions precedent outlined in the explanatory statement. The company will release further updates, including confirmation of the Restructuring Effective Date, as developments occur.

China SCE Group advises shareholders and potential investors to exercise caution in dealing in its securities until the restructuring process is fully completed.

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