Sino-Ocean Group Holding (HK:3377) has released an update.
Sino-Ocean Group Holding Limited is progressing with its offshore debt restructuring, to be effectuated through two legal processes: an English Restructuring Plan and a Hong Kong Scheme of Arrangement, each addressing different classes of existing debt. The company has scheduled hearings for both processes in October 2024 and has disseminated relevant documents to in-scope creditors, with details available on the Transaction Website.
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