Shimao Group announced on August 30, 2024, that, in order to facilitate the completion of internal approval and signing procedures for certain planned creditors, the company has decided to extend the early bird consent fee deadline for overseas debt restructuring to September 30, 2024, and the general consent fee deadline to October 31, 2024. This comes as the latest development following the proposed restructuring announcement issued between March and July 2024. The company urges debt holders who have not yet joined the creditor support agreement to promptly submit valid documents through Kroll Issuer Services Limited's trading website. Debt holders who have already joined the agreement do not need to take further action. The company will continue to update shareholders and investors on the latest developments regarding the restructuring.

Shimao Group announced on August 30, 2024, that, in order to facilitate the completion of internal approval and signing procedures for certain planned creditors, the company has decided to extend the early bird consent fee deadline for overseas debt restructuring to September 30, 2024, and the general consent fee deadline to October 31, 2024. This comes as the latest development following the proposed restructuring announcement issued between March and July 2024. The company urges debt holders who have not yet joined the creditor support agreement to promptly submit valid documents through Kroll Issuer Services Limited's trading website. Debt holders who have already joined the agreement do not need to take further action. The company will continue to update shareholders and investors on the latest developments regarding the restructuring.