EC World REIT Granted AGM Extension and Negotiates Refinancing

EC World Real Estate Investment Trust (SG:BWCU) has released an update.

EC World Real Estate Investment Trust has been granted an extension until July 31, 2024, to hold its annual general meeting, initially due by April 30, 2024, and is providing monthly updates on its refinancing and restructuring efforts. The updates include negotiations with lenders and efforts to address unauthorized mortgages and related lawsuits in China. This development is crucial for investors monitoring the trust’s governance and financial restructuring progress.

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