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Creditors are set to approve the extension of China Aoyuan's...

Creditors are set to approve the extension of China Aoyuan's 550 million yuan bonds, taking into account regulatory requirements, as reported by Cailian Press citing sources familiar with the matter.
China Aoyuan has once again finalized an extension of its bonds, with a total size of 0.55 billion yuan. Today, China Aoyuan has initiated another creditors' voting meeting. It is reported that considering compliance with regulatory requirements and avoiding the impact of loan discontinuation on the physical operation of the enterprise, the voting result this time is to extend the asset-backed securities.
$CHINA AOYUAN (03883.HK)$
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