Kaisa Group targets September 2025 for offshore debt restructuring

Kaisa Group Holdings Ltd. announced that the restructuring effective date for its offshore debt is anticipated to occur on or around September 15, 2025. This date is subject to the satisfaction or waiver of the restructuring conditions outlined in Clause 7 of each scheme.

This announcement serves as a required notice under Clause 7.1(h) of each scheme. The company has indicated it will issue a further announcement upon the actual occurrence of the restructuring effective date. The update follows a series of previous announcements concerning the restructuring, dating back to October 2023.

The company advises holders of its securities and potential investors to exercise caution when dealing in the securities. The board of directors includes Kwok Ying Shing (chairman and executive director), Mai Fan, Li Haiming, Kwok Hiu Kwan, Luo Tingting, Song Wei, and Liu Lihao, with independent non-executive directors Rao Yong, Zhang Yizhao, Liu Xuesheng, and Li Dapeng.