Times China schedules scheme meeting for offshore debt restructuring

Times China Holdings Limited announced it will hold a Scheme Meeting on July 8, 2025, at Sidley Austin in Hong Kong, to allow Scheme Creditors to consider and potentially approve the proposed restructuring of its offshore debts. The meeting, mandated by a Hong Kong High Court order dated May 27, 2025, will permit creditors to attend in person, via authorized representative, or through video conference. Voting instructions and required forms, including the Account Holder Letter and Lender Proxy Form, must be submitted by July 2, 2025, via the Transaction Portal. The company has appointed Deloitte Touche Tohmatsu representatives as Chairperson for the meeting, who will report the results to the Hong Kong Court. The debt restructuring scheme remains subject to court approval and the satisfaction or waiver of conditions outlined in the Explanatory Statement.