Sino-Ocean Group Holding (HK:3377) has released an update.
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Sino-Ocean Group Holding Limited has announced a further extension of its offshore debt restructuring process, giving additional time to creditors for accession. The new deadline for the restructuring agreement is set for November 1, 2024, and the company encourages remaining debt holders to join the agreement to receive associated consent fees. This move highlights Sino-Ocean’s commitment to a smooth restructuring process while maintaining creditor support.
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