Sino-Ocean Group Holding (HK:3377) has released an update.
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Sino-Ocean Group Holding Limited has announced significant progress in its offshore debt restructuring, with over 75% of Class A Debt holders agreeing to the restructuring agreement (RSA). The company has extended the deadline for creditors to join the RSA and is encouraging all remaining debt holders to participate. This restructuring aims to provide fair and equitable treatment to all involved creditors, respecting their legal rights and repayment priorities.
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