Xinjiang La Chapelle Fashion Co., Ltd. Class H (HK:6116) has released an update.
Xinjiang La Chapelle Fashion Co., Ltd. has made significant strides in its bankruptcy reorganisation process, securing an official reorganisation investor and obtaining court approvals for extensions to submit its draft reorganisation scheme, currently set for 12 August 2024. The company has also established an agreement with the reorganisation investors, promising developments for stakeholders monitoring the company’s efforts to resolve its financial challenges.
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