BRIEF-Shimao Group Announces Dismissal Of Winding-Up Petition Against Co

Reuters

2024/12/02

Dec 2 (Reuters) - Shimao Group Holdings Ltd 0813.HK:

DISMISSAL OF WINDING-UP PETITION AND UPDATE IN RELATION TO RESTRUCTURING OF OFFSHORE DEBT
WINDING-UP PETITION FILED AT HIGH COURT AGAINST COMPANY WAS DISMISSED BY CONSENT
SCHEME CREDITORS HOLDING IN AGGREGATE 79.06% IN PRINCIPAL AMOUNT OF IN-SCOPE DEBT DEMONSTRATED SUPPORT TO PROPOSED RESTRUCTURING

Further company coverage: 0813.HK

((Reuters.Briefs@thomsonreuters.com;))

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