Fantasia Further Extends Deadline of Debt Restructuring Agreement; Shares Gain 8%

MT Newswires Live
07-14

Fantasia Holdings Group (HKG:1777) once again extended the long-stop date of its restructuring support agreement amid ongoing discussions with stakeholders, according to a Hong Kong bourse filing Friday.

Shares of the property developer gained over 8% in morning trade Monday.

The long stop date was extended to July 18 from July 11 previously.

The firm entered into an agreement for its proposed offshore debt restructuring in April 2024.

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