KAISA GROUP (01638.HK) announced that during the hearing held on October 19, the High Court has issued a ruling for the company and Swire to convene meetings for the creditors of KAISA's plan and Swire's plan.
In addition, the substantive hearing requested (where the High Court will determine whether to approve the KAISA Hong Kong plan and the Swire Hong Kong plan) is scheduled to be held on March 21 next year. (js/w)
~