Golden Wheel Tiandi Holdings Co. Ltd. (HK:1232) has released an update.
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Golden Wheel Tiandi Holdings Co. Ltd. has announced significant progress in its debt restructuring efforts, with 92.16% of its debt holders agreeing to the restructuring support agreement (RSA). The company is preparing for a High Court hearing in Hong Kong on March 12, 2025, to seek approval for the proposed restructuring plan. This marks a crucial step for the company, reflecting strong creditor support and confidence.
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