DreamEast Group Limited's Creditors Approve Restructuring Scheme Amid Continued Trading Suspension

Reuters
2025.07.30 11:10
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DreamEast Group Limited's creditors have approved a restructuring scheme during a meeting on July 30, 2025, with over 50% of creditors in number and 75% in value voting in favor. The results will be submitted to the Hong Kong Court for approval, with a hearing set for August 27, 2025. The company's shares have been suspended since March 2024, and stakeholders are advised to exercise caution. The company is currently in compulsory liquidation, managed by joint liquidators without personal liabilities.