Momentum Financial Holdings Further Delays Circular on Debt Restructuring and Whitewash Waiver, New Deadline Set for October 2025

Reuters

Sep 29

Momentum Financial Holdings Further Delays Circular on Debt Restructuring and Whitewash Waiver, New Deadline Set for October 2025

Momentum Financial Holdings Ltd. has announced a further delay in the despatch of its circular regarding the proposed debt restructuring, which involves the issuance of convertible bonds under a specific mandate, an application for a whitewash waiver, and a special deal related to the repayment of a shareholder's loan. The company is awaiting clarification on certain information, including matters related to Triumph Hope Limited and a loan from its ultimate holding company, to be included in the circular. The Hong Kong regulatory executive has indicated consent to extend the deadline for sending the circular to shareholders to on or before 20 October 2025. Shareholders and potential investors are advised to exercise caution when dealing in the company's securities.

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. Momentum Financial Holdings Ltd. published the original content used to generate this news brief on September 29, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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