Powerlong extends consent fee deadline for debt restructuring

Powerlong Real Estate Holdings Limited has extended the Consent Fee Deadline for its holistic solution from 5:00 p.m. Hong Kong Time on November 28, 2025, to 5:00 p.m. Hong Kong Time on December 19, 2025. This extension, requested by certain creditors needing more time to complete internal procedures for acceding to the RSA, aims to facilitate broader participation in the restructuring efforts. As of the announcement date, over 73% of the Scheme Debt holders have already submitted letters to accede to the RSA.

Participating Creditors who validly hold Eligible Participating Debt as of the Extended Consent Fee Deadline (December 19, 2025) and continue to hold such debt at the Record Time will receive a Consent Fee, subject to the terms of the RSA. The company encourages all remaining holders of the Scheme Debt to review the RSA and accede by submitting a validly completed Accession Letter and Participating Debt Notice via the Transaction Website, alongside an Electronic Consent Instruction to the relevant Clearing System, prior to the new deadline.

Kroll Issuer Services Limited has been appointed as the information agent to manage the accession process, collect necessary documents, and address creditor inquiries. Shareholders and investors are advised to exercise caution and seek professional advice when dealing in the company’s securities. Further announcements regarding material developments in the offshore debt restructuring will be made as appropriate.