Summary by Futu AI
Sino-Ocean Group Holdings Limited ("Sino-Ocean Group") announced on September 24, 2024, that in order to encourage more creditors to join its overseas debt restructuring support agreement, the company has agreed to further extend the deadline for basic consent fees to October 18, 2024, at 5:00 p.m. (Hong Kong time). This extension aims to give existing debt instrument holders who have not signed the agreement more time to review and join the restructuring support agreement. The company expresses gratitude to creditors who have joined the agreement, and confirms that creditors who join before the early consent fee deadline will receive the corresponding early consent fee, while creditors who join before the basic consent fee deadline will receive the basic consent fee. Sino-Ocean Group reiterates that all other terms and conditions remain unchanged, and further announcements will be made on the progress of the restructuring at the appropriate time.