Chuang's China Investments Ltd. Announces Debt Assignment Agreement for Chengdu Project

Reuters
Jul 30
Chuang's China Investments Ltd. Announces Debt Assignment Agreement for Chengdu Project

Chuang's China Investments Ltd. has announced an update regarding its Assignment transaction related to the Chengdu Project. The company has obtained the necessary approval from its shareholder, PSL, which is a direct wholly-owned subsidiary of Chuang's Consortium. As PSL holds approximately 61.15% of the issued share capital of Chuang's China, the Assignment has been approved without the need for a special general meeting. The circular containing further details about the Assignment will be dispatched to the shareholders on or before 12 September 2025, subject to a waiver being granted for the dispatch timeline.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chuang's China Investments Ltd. published the original content used to generate this news brief on July 30, 2025, and is solely responsible for the information contained therein.

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