Powerlong Real Estate Holdings Ltd. (HK:1238) has released an update.
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Powerlong Real Estate Holdings Ltd. has successfully gained approval from both Class A and Class B Scheme Creditors for its proposed Scheme, which involves substantial financial claims. The approval marks a critical step forward in the company’s holistic solution plan, as it now seeks court sanctioning to proceed further. This development could significantly impact the company’s financial restructuring and market positioning.
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