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China SCE Group Extends Deadlines for Debt Restructuring Consent Fees

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China SCE Group Extends Deadlines for Debt Restructuring Consent Fees

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China SCE Group Holdings ( (HK:1966) ) has issued an update.

China SCE Group Holdings Limited has announced an extension of the deadlines for the Early Consent Fee and Base Consent Fee related to its offshore debt restructuring. This extension is to allow certain Scheme Creditors additional time to complete their internal processes for acceding to the Restructuring Support Agreement (RSA). The company urges all Scheme Creditors who have not yet acceded to the RSA to do so promptly. This move is part of the company’s ongoing efforts to manage its financial obligations and stabilize its operations, which could have significant implications for its stakeholders.

More about China SCE Group Holdings

China SCE Group Holdings Limited is a company incorporated in the Cayman Islands with limited liability, primarily operating in the real estate industry. The company is listed on the Hong Kong Stock Exchange and is involved in property development and management, with a focus on expanding its market presence through strategic financial restructuring.

Average Trading Volume: 2,030,371

Technical Sentiment Signal: Sell

Current Market Cap: HK$418.1M

See more insights into 1966 stock on TipRanks’ Stock Analysis page.

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