Kaisa Group Holdings Ltd. has announced a proposed extension of the Scheme Longstop Dates as part of its ongoing offshore debt restructuring efforts. The company seeks consent from Scheme Creditors to extend the existing dates from 30 June 2025 to 30 September 2025 to allow additional time to fulfill the conditions necessary for implementing the restructuring plan. A notice has been sent to Scheme Creditors, who have until 11:00 p.m. Hong Kong time on 27 June 2025 to indicate their consent. All other terms and conditions of the restructuring remain unchanged. Further announcements will be made to inform shareholders and investors of any significant developments in the restructuring process. Kaisa Group advises caution when dealing in its securities.
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