Dexin China (02019) issued an announcement. As of the date of this announcement, the company has failed to complete the restructuring according to the plan. Therefore, it is important...
According to the Zhitong Finance App, Dexin China (02019) issued an announcement. As of the date of this announcement, the company has failed to complete the restructuring according to the plan. Therefore, the effective date of the restructuring will not be established on or before the final deadline of RSA (that is, December 15, 2023) (that is, December 15, 2023). The company is currently in discussions with its advisors with a view to developing a restructuring plan that takes due account of the circumstances of all stakeholders.
The company expects to promptly seek transparent dialogue with plan creditors to identify and implement agreed solutions by the end of April 2024.