SKYFAME REALTY (00059.HK): Scheme Meeting Set for 4 December; Trading Remains Suspended

NewTimeSpace News: On 11 November 2026, Skyfame Realty (Holdings) Limited (in liquidation; stock code: 59) published an announcement on its resumption progress, notice of the scheme meeting and continued suspension of trading. The Company has proposed a scheme of arrangement with scheme creditors under sections 670, 673 and 674 of the Companies Ordinance (Chapter 622), with an explanatory statement dated 11 November 2026.

The High Court of Hong Kong has directed that a meeting of scheme creditors be convened at 3:00 pm on Friday, 4 December 2026 at Rooms 1 and 2, United Conference Centre, 10th Floor, United Centre, 95 Queensway, Admiralty, Hong Kong, subject to adjournment as appropriate. Scheme creditors may attend and vote in person, through an authorised representative for corporate creditors, or by proxy.

Note scheme creditors must submit custody instructions through the relevant clearing system by 11:00 pm Hong Kong time on 26 November 2026 and lodge account holder letters through the transaction website by the record time of 11:00 pm on 1 December 2026; other scheme creditors must submit claim notices to the joint and several provisional liquidators by the same record time. The scheme remains subject to subsequent sanction by the High Court and satisfaction of the restructuring conditions.

Trading in the Company's debts and shares has been suspended since 9:00 am on 28 June 2022 and 1 April 2025 respectively and will remain suspended until further notice.