Summary by Futu AI
Lung Kwong Group Limited issued a notice on 15 January 2024 announcing that it is in active and constructive consultations with its financial advisors with the aim of reaching consensus on the restructuring of offshore debt as soon as possible. To accelerate this process, Lung Kwong Group has appointed Anmai Financial Advisors Limited to join its joint financial advisory team to assist with the restructuring of its overseas debt and overall capital structure. Creditors may communicate with Deanhua, Haitong International Securities and Ammai Financial Advisors through designated contact points. The announcement was made by Mr. Ji Haipeng, Chairman of Longguang Group, on 18 January 2024.