Logan Property Holdings Co (HK:3380) has released an update.
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Logan Group Company Limited has announced the lapse of its USD Notes Creditor Support Agreement as of December 19, 2024, but remains committed to engaging with offshore creditors for a fair debt restructuring proposal. The company plans to introduce a Holistic Creditor Support Agreement in light of the current economic conditions to protect stakeholder interests. Further developments will be communicated promptly to shareholders and investors.
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