Core Viewpoint - Baolong Commercial (09909) announced that its controlling shareholder, Baolong Real Estate Holdings Limited, has entered into a restructuring support agreement regarding its offshore debt restructuring, which is expected to have no adverse impact on the company's operations [1] Group 1: Debt Restructuring - Baolong Real Estate has signed a restructuring support agreement on October 10, 2025, for its proposed offshore debt restructuring [1] - The restructuring consideration will consist of one or more combinations selected by the creditors, including the sale or pledge of Baolong Commercial shares for a total cash amount of $40 million [1] - Baolong Real Estate may transfer shares of Baolong Commercial equivalent to no more than 32.4% of the company's issued shares to the planned creditors [1] Group 2: Shareholding Structure - As of the announcement date, Baolong Real Estate, through its wholly-owned subsidiary, holds 405 million shares of Baolong Commercial, accounting for approximately 63% of the company's issued shares [1]
宝龙商业：控股股东可能出售公司股份