On December 21st, Guangdong real estate company Times China Holdings Limited released the latest information on its proposal to restructure overseas debt on the 20th. Times China Holdings stated that according to currently available information, as of the announcement date, creditors holding approximately 81.04% of the total outstanding principal of the debt within its scope have joined the restructuring support agreement. The proportion of 81.04% of creditor groups signing restructuring support agreements has made significant progress compared to 26.77% on November 22.
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