China South City Holdings Limited (In Liquidation) has provided an update on the proposed terms of its holistic restructuring as part of ongoing insolvency proceedings. The restructuring is expected to be implemented through a scheme of arrangement in Hong Kong and may involve equivalent processes in other jurisdictions as necessary. Under the proposed terms, the principal amount of existing notes will be amended to 60% of their original value, with the equitised portion to be converted into new shares at a conversion price of HK$0.75. The amended notes will have a new maturity date set eight years from the restructuring’s effective date. Upon implementation, scheme creditors will release the company, its subsidiaries, and the liquidators from claims related to the in-scope debt and the restructuring. Trading of the company’s shares remains suspended.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China South City Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260203-12012208), on February 03, 2026, and is solely responsible for the information contained therein.