Logan Group (03380) surged nearly 8% again, rising 7.08% to HK$1.21 at the time of writing, with a turnover of HK$34.6493 million.

On the news front, Logan Group recently announced the latest progress in its overall debt restructuring. As of 5 p.m. on September 24, consenting creditors holding more than 80% of the total principal amount of the company's "overseas debt" have joined the revised overall Credit Support Agreement (CSA). This development indicates that Logan Group's overseas debt restructuring has gained support from the majority of creditors, laying a solid foundation for the subsequent implementation of the overall overseas debt restructuring plan.

In its statement, Logan Group expressed gratitude to the overseas creditors who have joined the revised overall CSA and emphasized that the company will accelerate the implementation of the overall overseas debt restructuring plan to protect the overall interests of creditors. Meanwhile, the company also sincerely invited overseas creditors who have not yet joined the revised overall CSA to participate as soon as possible to jointly advance the debt restructuring process.