Core Viewpoint - The company, South China City (01668), is in the process of negotiating a comprehensive debt restructuring with key creditors and stakeholders, having signed confidentiality agreements to facilitate discussions [1] Group 1: Debt Restructuring Process - The company must maintain its listing status to successfully complete the debt restructuring, addressing issues that led to the suspension of trading and complying with resumption guidelines [1] - The deadline for resuming trading is set for February 10, 2027, and if the company fails to meet this deadline, the stock exchange may cancel its listing [1] - The liquidators are under pressure to determine if there is sufficient support from creditors and stakeholders to advance the debt restructuring [2] Group 2: Timeline and Requirements - The proposed timeline for the debt restructuring is influenced by several factors, including the need to submit a debt repayment arrangement under the Companies Ordinance [2] - The preparation, initiation, and completion of the restructuring plan are expected to take at least six to nine months [2] - The liquidators will assess the feasibility of the restructuring based on the number of creditors signing the restructuring support agreement and the total debt amount held by them, requiring at least 75% support from creditors present at meetings to be court-approved [2] Group 3: Encouragement for Stakeholder Engagement - The company encourages creditors and stakeholders to actively engage with the liquidators regarding the debt restructuring and to provide feedback or suggestions [3]
华南城公布债务重组时间表 须于2027年2月10日前复牌保上市地位