Xinjiang La Chapelle Fashion Co., Ltd. Class H (HK:6116) has released an update.
Xinjiang La Chapelle Fashion Co., Ltd. has been granted an extension by the court to submit its draft reorganisation scheme, now due by August 12, 2024. This development follows a series of events including the acceptance of a liquidation petition by a creditor, the appointment of a new administrator, and the selection of an official reorganisation investor. The company’s journey through bankruptcy reorganisation continues with these latest legal proceedings.
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