FANTASIA (01777) proposes to extend the deadline for the reorganization to June 30th.

FANTASIA (01777) announced that all plans must meet (or be exempted from) the various restructuring conditions, including the company's obligation to obtain the relevant regulatory approvals. Based on current information available, the company expects that it will not be able to obtain all necessary regulatory approvals in time for the restructuring to be completed by the current final deadline of May 31, 2026. Therefore, as a precaution, the company intends to seek approval from plan creditors to extend the final deadline from May 31, 2026 to June 30, 2026 (Extension of the Final Deadline). The Extension of the Final Deadline must receive the necessary approval of the majority of plan creditors (defined as those plan creditors who vote prior to the extension voting deadline, as specified in the notice seeking plan creditor approval for the Extension of the Final Deadline). Plan creditors intending to vote on the proposed Extension of the Final Deadline must submit their final deadline extension voting instructions or forms (if applicable, defined in the notice) no later than 10:00 p.m. on May 28, 2026 (Hong Kong time) (equivalent to 9:00 a.m. on May 28, 2026 (Cayman Islands time)), or such later deadline as the company may in its sole discretion determine prior to May 31, 2026. The company believes that the proposed Extension of the Final Deadline is necessary to prevent the plans from automatically terminating on May 31, 2026 according to their terms, and to facilitate the completion of the restructuring, which is in the interests of all plan creditors and stakeholders. The company earnestly requests plan creditors to vote in support of approving the Extension of the Final Deadline, and expresses its deepest gratitude to all stakeholders, including plan creditors, for their continuous support of the restructuring.