Zhenro Properties Group Limited (6158) issued an update on its offshore and onshore restructuring efforts concerning its senior securities and notes. According to the latest announcement, the group is formulating a new comprehensive plan for both offshore and onshore debts in light of weak market conditions and constrained free cash flow.
Management has been considering various options for a revised restructuring plan announced on 30 June 2025, but no significant progress has been made to date. Additional time is required to finalize this plan, reflecting current market realities and the group’s liquidity position. Further announcements will be made should any material developments arise. Shareholders and investors are advised to approach the company’s securities with caution.
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