Yuzhou Group Holdings Co., Ltd. (HK:1628) has released an update.
Yuzhou Group Holdings Co., Ltd. has announced an extension of deadlines and adjournment of Scheme Meetings to provide Scheme Creditors with ample time to review the supplemental explanatory statement regarding its offshore debt restructuring. The updated timings include extensions for custody and voting instructions, as well as a new record date, with Scheme Meetings rescheduled for 16 September 2024 in Hong Kong and the Cayman Islands via video conference. This strategic move aims to facilitate a smoother and more informed decision-making process for the creditors involved in the restructuring.
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