Summary by Moomoo AI
BAOLONG PROPERTY HOLDINGS LIMITED (THE “COMPANY”) ANNOUNCED ON 22 MARCH 2024 THAT APPROXIMATELY 72.5% OF SCHEME CREDITORS HAVE SIGNED RESTRUCTURING SUPPORT AGREEMENTS, INCLUDING CREDITORS HOLDING APPROXIMATELY 90.9% OF EXISTING NOTES. This gesture shows the creditor's confidence in the company. To enable more creditors to complete the signing process, the Company will extend the early fee deadline to 26 April 2024. The Company encourages creditors who have not yet signed the agreement to submit the required documents via the trading website of Kroll Issuer Services Limited. The Company will continuously update shareholders and investors on the progress of the overall solution.