CHINA EVERGRANDE GROUP Jan 25 (Reuters) - China Evergrande Group:
* ANNOUNCEMENT ON PROGRESS OF GROUP'S BUSINESS
* COMPANY AND ITS ADVISORY TEAM HAVE INITIATED ACTIVE DIALOGUE WITH OFFSHORE CREDITORS
* COMPANY AND ITS ADVISORY TEAM HAVE INITIATED ACTIVE DIALOGUE WITH OFFSHORE CREDITORS
* WILL NEED MORE TIME TO ASSESS NUMBER OF POTENTIAL SOLUTIONS BEFORE RESPONSIBLY FURTHER ENGAGE IN SUBSTANTIVE NEGOTIATIONS
* CO, COMPANY'S RISK MANAGEMENT COMMITTEE BEEN MAKING UNREMITTING EFFORTS TO EVALUATE SITUATION OF GROUP, STABILISE ITS OPERATIONS
* VIEW TO FORMULATING A REORGANISATION PLAN THAT WILL BE BENEFICIAL TO ALL STAKEHOLDERS Source text https://www1.hkexnews.hk/listedco/listconews/sehk/2022/0125/2022012500033.pdf Further company coverage:
