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<CN Home>SHIMAO GROUP Confirms Offshore Debt Restructuring Scheme Approved by HK High Court
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SHIMAO GROUP (00813.HK) confirmed that its offshore debt restructuring scheme had been approved by the Hong Kong High Court. The scheme's effective date is March 13. Last month, the group stated that the proposed offshore debt restructuring had received approval from the required majority of scheme creditors, and that the winding-up petition filed by CPYM Link Investment in January this year had also been withdrawn. AAStocks Financial News |
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