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KAISA GROUP Soars 3% as Winding-up Petition Hearing Adjourned
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KAISA GROUP (01638.HK) announced that the hearing of winding-up petition was further adjourned to 24 June 2024. At present, the Company and an ad hoc group of beneficial holders of the senior notes and their respective advisers are in active negotiations on entering into a restructuring support agreement in connection with a holistic offshore debt restructuring of the Company.

KAISA GROUP last stood at $0.164, up 3.14%, on volume of 2.377 million shares and turnover of $396,200.
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