Yuzhou Group Holdings Co., Ltd. (HK:1628) has released an update.
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Yuzhou Group Holdings Co., Ltd. has announced the scheduling of scheme meetings intended to discuss and potentially approve a restructuring plan with creditors, following court orders from both the Cayman Islands and Hong Kong. These crucial meetings are set to take place on September 12, 2024, and will be held at Linklaters’ offices in Hong Kong with a video link to the Cayman Islands for international stakeholders. The announcement emphasizes that this is part of ongoing efforts to navigate the company’s offshore debt restructuring process.
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