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CHIHO ENV (00976.HK): The execution period of the controlling Shareholder's restructuring plan has been extended again.
On February 21, Gelonghui reported that CHIHO ENV (00976.HK) announced information involving the potential restructuring of the controlling shareholder. The Board of Directors provides the latest news to the company’s Shareholders and potential investors, stating that the restructuring process is still ongoing and requires more time for execution. Longxin Restructuring Company applied to the Chongqing Fifth Intermediate People's Court for an extension of the restructuring plan execution period. On February 20, 2025, the court made a civil ruling, approving an additional 6-month extension of the restructuring plan execution period (until August 21, 2025).
Express News | Chiho Environmental - if Restructuring Is Not Successfully Implemented, There Is Risk Controlling Shareholders Will Be Declared Bankrupt
Express News | Chiho Environmental - on 20 Feb, Court Made Civil Ruling Approving Extension of Execution of Restructuring Plan for Further Six Months Till 21 Aug
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