Fantasia Holdings Group Co., Limited has announced an update on the restructuring of its offshore debts. The company, together with its subsidiaries, is undergoing a proposed restructuring process, with recent announcements dating from January 2023 through June 2025. The long stop date for the Restructuring Support Agreement (RSA) initially entered into on April 29, 2024, has been extended to July 3, 2025. Fantasia Holdings continues to engage in discussions with its stakeholders and will provide further announcements on the progress of the proposed restructuring as necessary. The company advises holders of its securities and potential investors to exercise caution in dealing with its securities. The board is chaired by Cheng Jianli, with executive directors including Ms. Cheng Jianli, Mr. Timothy David Gildner, and Mr. Lin Zhifeng.
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