Golden Wheel Tiandi (1232) Proposes Extension of Debt Restructuring Scheme Deadline

Bulletin Express
2025/12/02

Golden Wheel Tiandi Holdings Company Limited (the “Company”) announced efforts to extend the longstop date of its restructuring scheme from the current deadline of 31 December 2025 to the earlier of 30 June 2026 or 15 business days after the necessary regulatory approval is obtained. The proposal follows the Company’s assessment that approval may not be granted in time to meet the existing schedule.

The update references multiple announcements regarding the 10% senior notes due 2025 and the subsequent debt restructuring process. The Company has sought consent from scheme creditors, with responses required by 4:00 p.m. (London time) on 23 December 2025. As of the announcement date, holders accounting for about 43% of the aggregate value of all voting scheme claims have indicated support for the extension proposal.

All other terms and conditions of the restructuring remain unchanged. Further announcements regarding material developments will be issued as appropriate. Shareholders and potential investors are advised to exercise caution when dealing in the Company’s securities.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10