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Times Property outlines debt restructuring, plans share issuance

July 9, 2025 at 05:02 PM UTCBy FilingReader AI

Times China Holdings Limited is seeking shareholder approval for a debt restructuring plan involving the issuance of new shares and mandatory convertible bonds (MCBs) as part of its efforts to alleviate financial pressures. The proposal aims to address the company’s total liabilities which, on a consolidated basis, amounted to RMB96.4 billion as of December 31, 2024. Scheme Creditors holding over 85% of the In-Scope Debt have demonstrated support.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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