CHINA SCE GROUP (01966.HK): Offshore Debt Restructuring Conditions Expected by 26 October

NewTimeSpace News: On 21 October 2026, China SCE Group Holdings Limited (the "Company") issued an update announcement on its offshore debt restructuring, being a notice of the expected restructuring effective date. The announcement referred to the Company's announcements dated 3 November 2023, 28 November 2024, 26 June 2025, 7 August 2025, 4 September 2025, 16 October 2025, 20 November 2025, 13 April 2026, 27 April 2026, 18 May 2026, 28 May 2026, 17 June 2026 and 21 July 2026, as well as its circular dated 8 May 2026 and its explanatory statement dated 27 April 2026.

The announcement disclosed that, as set out in those announcements and the explanatory statement, the restructuring is conditional upon the conditions set out in clause 7.2 of the scheme (each a "Restructuring Condition") being fulfilled or waived, as the case may be.

The Company stated that it currently expects all the Restructuring Conditions to be fulfilled on or before 26 October 2026 and the restructuring effective date to occur on or before 26 October 2026. The Company will issue a further announcement when the restructuring effective date occurs. The Company also cautioned that holders of its securities and potential investors should exercise caution when dealing in the Company's securities.