Summary by Moomoo AI
Sino-Ocean GP Holdings Limited announced that as of September 10, 2024, over 75% of the Class A debt holders have joined the restructuring support agreement. The company stated that many other creditors also support the restructuring plan and are in the process of internal procedures to join. In order to provide convenience to creditors who need additional time to complete the joining process, the company has agreed to extend the deadline for basic consent fees from September 10, 2024, to September 24, 2024. The company appreciates the support of the creditors and encourages debt instrument holders who have not signed the agreement to join before the extended deadline. Creditors who have joined the agreement before the earlier deadline will receive the corresponding consent fees. The company will continue to update the progress of the restructuring.
