China SCE Group Holdings Ltd. announced significant progress in its offshore debt restructuring efforts by entering into a Restructuring Support Agreement (RSA) with initial consenting creditors. The company has also invited other creditors to join the RSA. This move is subject to the approval of scheme creditors, shareholders, and the relevant court. The company aims to implement the proposed restructuring and will provide further updates in due course. Investors are advised to exercise caution and seek professional advice.
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