China South City racing 2027 deadline to avoid delisting

China South City Holdings Limited (In Liquidation) has provided updates on its Holistic Restructuring efforts, confirming it has entered into confidentiality agreements with key creditors and stakeholders to negotiate commercial terms. The liquidators emphasize the critical need to maintain the company's listing status, with the Resumption Guidance Deadline set for February 10, 2027. Failure to meet this deadline may result in the cancellation of the company's shares from listing.

The indicative timeline for the Holistic Restructuring includes discussions on key terms from November 2025 to January 2026, publication of a restructuring proposal in the first quarter of 2026, and a determination of creditor support by the end of March 2026. The launch and implementation of the restructuring, if viable, is projected between June 2026 and January 2027, preceding the Resumption Guidance Deadline.

The company's shares remain suspended from trading on The Stock Exchange of Hong Kong Limited, with the suspension in effect since 10:55 a.m. on Monday, August 11, 2025. Creditors and stakeholders are encouraged to proactively engage with the liquidators regarding proposals for the restructuring.