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.