Sunac China Holdings Ltd. is progressing with its offshore debt restructuring process. The company has announced that a convening hearing is scheduled for September 15, 2025, at 10:00 a.m. Hong Kong time, before the High Court of the Hong Kong Special Administrative Region of the People's Republic of China. The purpose of this hearing is to seek an order to convene a Scheme Meeting, where Scheme Creditors will consider and potentially approve the proposed restructuring scheme. Sunac China Holdings advises caution for shareholders and potential investors, and further announcements will be made regarding any significant developments in the restructuring process.
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