E-HOUSE ENT (02048.HK): Restructuring Schemes Approved by Overwhelming Majority of Scheme Creditors

NewTimeSpace News: On 28 August 2026, E-House (China) Enterprise Holdings Limited (stock code: 02048) announced that the Hong Kong scheme meeting and the Cayman scheme meeting were duly held on 27 August 2026 to consider the proposed schemes of arrangement for the Company's offshore debt restructuring. A total of 374 scheme creditors holding USD 662,101,417 of voting scheme claims attended and voted, of whom 357 creditors holding USD 647,535,191 (representing 97.8% by value and 95.5% by number of those voting) voted in favour, with both the Hong Kong scheme and the Cayman scheme approved by the requisite majorities.

According to the announcement, the schemes remain subject to sanction by the High Court of Hong Kong and the Grand Court of the Cayman Islands, with the Hong Kong sanction hearing scheduled for 11 September 2026 and the Cayman sanction hearing for 9 October 2026. The aggregate consideration under the schemes is expected to comprise 4,075,474,966 shares based on the record time.

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