CIFI Holdings (Group) Co (HK:0884) has released an update.
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CIFI Holdings has made significant progress in its offshore debt restructuring, with 87.36% of creditors agreeing to the restructuring support agreement. The company is actively working on implementing the restructuring to ease liquidity pressures and establish a sustainable capital structure. CIFI continues to encourage remaining creditors to join the agreement to ensure a smooth process.
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