Times China Holdings Extends Longstop Date for Offshore Debt Restructuring
Times China Holdings Limited has announced an extension of the longstop date in its ongoing restructuring of offshore debts, allowing more time to meet outstanding restructuring conditions. A notice has been sent to Scheme Creditors, who can submit consent instructions for the proposed extension by 11:00 p.m. Hong Kong time on 24 September 2025. The terms and conditions of the restructuring remain unchanged aside from the proposed extension. Further updates will be provided as developments occur. The company's board, led by Chairman Shum Chiu Hung, advises caution when dealing in company securities.
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