DreamEast Group Limited's Creditors Approve Restructuring Scheme Amid Continued Trading Suspension
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.
DreamEast Group Limited, currently in compulsory liquidation, has announced that the Creditors Scheme was approved at the Scheme Meeting held on 30 July 2025. The scheme received the necessary statutory support, with over fifty percent of creditors in number and at least seventy-five percent in value voting in favor. The results of the meeting will be reported to the Hong Kong Court for the sanctioning of the Creditors Scheme, with a court hearing scheduled for 27 August 2025. Trading of the company’s shares remains suspended since March 2024, pending further notice, and stakeholders are advised to exercise caution. The company’s affairs are managed by joint liquidators acting as agents without personal liabilities. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DreamEast Group Limited published the original content used to generate this news brief on July 30, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
