SHIMAO: Liquidation Petition Hearing Adjourned; Early Consent Fee Deadline Extended Further

　　SHIMAO GROUP (00813.HK) 0.000 (0.000%) announced that today (26th), following a consensual application for an adjournment filed by the Company and the Petitioner, the High Court has adjourned the hearing for the Petition to 31 July 2024.

　　The Company and its advisers are actively advancing discussions with creditors regarding the Proposal. To accommodate certain Scheme Creditors who need additional time to complete internal approval and the accession process, the Company has decided to further extend the Early Consent Fee Deadline to 5:00 p.m. Hong Kong time on 31 July 2024 and the Base Consent Fee Deadline to 5:00 p.m. Hong Kong time on 30 August 2024.

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