Nov 6 (Reuters) - Country Garden Holdings Co Ltd 2007.HK:
DECIDED TO IMPLEMENT EXTRAORDINARY RESOLUTIONS IN RESPECT OF EXISTING HKD CONVERTIBLE BONDS
WILL SEEK SANCTION OF SCHEME BY COURT AT HEARING PRESENTLY LISTED TO TAKE PLACE AT 10 : 00 A.M. HONG KONG TIME ON 4 DECEMBER
OBTAINED SUPPORT FROM REQUISITE STATUTORY MAJORITIES OF SCHEME CREDITORS TO APPROVE SCHEME AT SCHEME MEETING (CLASS 2)
THERE IS NO ASSURANCE THAT PROPOSED RESTRUCTURING WILL BE SUCCESSFULLY IMPLEMENTED AT ALL OR BEFORE END OF 2025
OBTAINED SUPPORT FROM REQUISITE STATUTORY MAJORITIES OF SCHEME CREDITORS TO APPROVE SCHEME AT SCHEME MEETING (CLASS 1)
SCHEME CREDITORS (CLASS 1) HOLDING VOTING SCHEME CLAIMS IN AGGREGATE AMOUNT OF US$3.43 BLNVOTED IN FAVOUR OF SCHEME
WILL SEEK SANCTION OF SCHEME BY COURT AT HEARING PRESENTLY LISTED TO TAKE PLACE ON 4 DECEMBER 2025
Further company coverage: 2007.HK
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