General Announcement::Declaration of Creditors' Rights and First Creditors' Meeting

Issuer & Securities

Issuer/ Manager
TEWOO GROUP NO 5 LIMITED.
Securities
TEWOO GP5 US$450M5.8%PCS - XS1789638480 - 8MEB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
07-Aug-2020 22:27:54
Status
New
Announcement Sub Title
Declaration of Creditors' Rights and First Creditors' Meeting
Announcement Reference
SG200807OTHRHN2F
Submitted By (Co./ Ind. Name)
Wenhong Yao
Designation
Director
Description (Please provide a detailed description of the event in the box below)
On 5 August 2020, Tewoo received the decision (the "Decision"), issued by the Court on 5 August 2020, informing Tewoo that the Court designated the liquidation committee of Tewoo (the "Liquidation Committee") as the administrator of Tewoo. On 5 August 2020, the Court published the Decision on National Enterprise Bankruptcy Information Disclosure Platform, pursuant to which, Tewoo's creditors shall declare the creditors' rights by contacting the administrator of Tewoo before 28 September 2020 (the "Period").

In the Decision published by the Court on 5 August 2020, the Court also called for the first meeting of the Creditors (the "First Creditors' Meeting") to be held online at 9:30 a.m. on 12 October 2020. The Liquidation Committee will make available details on the participation in the First Creditors' Meeting in due course. The creditors' of Tewoo who have declared their creditors' rights according to laws and regulations are entitled to attend the First Creditors' Meeting.

Please refer to the full announcement for further details.

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