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Shimao Group: The overseas debt restructuring has obtained the approval of the majority of the required plan creditors.
Jinshi data news on February 24th, Shimo Group (00813.HK) stated in the Hong Kong exchange documents that the proposed overseas debt restructuring has obtained the necessary approval from the majority of the planned creditors. Shimo Group stated that it will seek the approval and ruling of the High Court on the plan, and the application for the ruling of the plan will be heard at 10:00 am on March 13th.