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Hidili Industry International Development Limited

Updated: Mar 17, 2023

NOTICE OF ANTICIPATED RESTRUCTURING EFFECTIVE DATE IN THE HIGH COURT OF THE HONG KONG

SPECIAL ADMINISTRATIVE REGION COURT OF FIRST INSTANCE MISCELLANEOUS PROCEEDINGS NO. 170 OF 2022


06 MARCH 2023


Full announcement available via HKEX


Terms used in this notice have the same meanings as in the scheme of arrangement (the “Scheme”) under section 673 and 674 of the Companies Ordinance (Cap 622 of Laws of Hong Kong) between Hidili Industry International Development Limited (the “Company”) and the Scheme Creditors.


The Board announces that the Restructuring Effective Date will be on 31 March 2023. Following occurrence of the Restructuring Effective Date on 31 March 2023, the Bar Date will occur at 5:00 p.m. Hong Kong time on 30 June 2023, the equivalent being 5:00 a.m. New York time on 30 June 2023.


Scheme Creditors are reminded that the Bar Date is the final deadline for submission to the Information Agent of the documentation necessary to receive Scheme Consideration under the Scheme. Any Scheme Creditor that has not already done this should refer to the Scheme Website and, in particular, the Solicitation Packet for further details.

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