Skyfame Realty Files Resumption Proposal and Secures Court Order to Convene Scheme Creditors’ Meeting

Bulletin Express09-18 20:03

Skyfame Realty (Holdings) Limited (In Liquidation) has advanced its trading resumption plan by submitting a formal Resumption Proposal to the Hong Kong Stock Exchange on 17 September 2026. The company has asked regulators to extend the remedial deadline to 31 December 2026 to complete the outstanding resumption conditions.

The Resumption Proposal forms part of a broader Revised Restructuring Plan that centres on a scheme of arrangement (the “Scheme”) for creditors. On 18 September 2026, the Hong Kong Court granted Skyfame Realty permission to convene a Scheme Meeting, allowing Scheme Creditors to vote on the restructuring. The meeting is targeted for late October or early November 2026, while the court sanction hearing is tentatively scheduled for 20 November 2026.

Trading in Skyfame Realty’s shares has been suspended since 1 April 2025, and its listed debt securities (codes 5311, 5379, 5567, 5602 and 5855) have been halted since 28 June 2022. Both the equity and the debts will remain suspended until further notice.

Shareholders and investors are advised to exercise caution when dealing in the company’s securities.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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