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An update from China SCE Group Holdings ( (HK:1966) ) is now available.
China SCE Group Holdings has called a scheme meeting on May 18, 2026 in Hong Kong as part of its ongoing offshore debt restructuring process, inviting scheme creditors to attend in person or via video conference and vote on a proposed scheme of arrangement. Creditors must submit the required account holder or proxy forms, as well as a non-binding election among three options for scheme consideration by the May 13, 2026 record time, or they will be defaulted into Option 2.
The company has set out specific procedures for different categories of creditors, including blocked scheme creditors and existing noteholders, and has appointed agents to handle tabulation and information. It also warned shareholders and potential investors to exercise caution when dealing in its securities and pledged to issue further announcements on material developments related to the restructuring scheme.
More about China SCE Group Holdings
China SCE Group Holdings Limited is a Cayman Islands-incorporated company listed in Hong Kong, engaged in property development and related businesses. The group primarily accesses offshore capital markets and maintains a base of noteholders and other scheme creditors exposed to its offshore debt instruments.
YTD Price Performance: -19.23%
Average Trading Volume: 1,087,767
Technical Sentiment Signal: Sell
Current Market Cap: HK$266M
Learn more about 1966 stock on TipRanks’ Stock Analysis page.