Times China expects offshore debt restructuring to complete in November 2025

Times China Holdings Limited announced it expects its proposed offshore debt restructuring to become effective on November 28, 2025. The company anticipates that all "Restructuring Conditions," as outlined in Clause 7.2 of the Scheme, will be satisfied by this date. A further announcement is expected upon the actual occurrence of the Restructuring Effective Date.

The announcement refers to a series of previous company announcements regarding the restructuring, dating from June 28, 2024, to September 25, 2025, and an explanatory statement issued on June 17, 2025, to Scheme Creditors. The company cautions security holders and potential investors to exercise caution when dealing in its securities.

Times China Holdings Limited is incorporated in the Cayman Islands with limited liability. The executive directors include Shum Chiu Hung, Guan Jianhui, Bai Xihong, Li Qiang, Shum Siu Hung, and Niu Jimin. Independent non-executive directors are Jin Qingjun, Sun Hui, and Wong Wai Man.