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Yuzhou Group Secures Extension for Offshore Debt Restructuring

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Yuzhou Group Secures Extension for Offshore Debt Restructuring

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An announcement from Yuzhou Group Holdings Co., Ltd. ( (HK:1628) ) is now available.

Yuzhou Group Holdings Co., Ltd. announced the extension of the Longstop Date for its offshore debt restructuring from 28 February 2025 to 31 August 2025. This extension was approved by a majority of Scheme Creditors, holding approximately 92.99% of the total voting claims. The company expressed gratitude to its creditors and stakeholders for their support, emphasizing that this step is crucial for progressing the proposed restructuring plan.

More about Yuzhou Group Holdings Co., Ltd.

Yuzhou Group Holdings Co., Ltd. is a company incorporated in the Cayman Islands, primarily involved in the real estate industry. The company focuses on property development and real estate management, serving markets with a significant emphasis on growth and development within these sectors.

YTD Price Performance: -2.86%

Average Trading Volume: 1,438,323

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$470.6M

Learn more about 1628 stock on TipRanks’ Stock Analysis page.

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