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Stock Market & Financial Investment News

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November 21, 2012
09:40 EDTSNOFFSino-Forest files plan supplement to amended plan of reorganization
Sino-Forest announced that, in connection with its previously announced creditor protection proceedings under the Companies' Creditors Arrangement Act, it has filed with the Ontario Superior Court of Justice a supplement to the Amended Plan of Compromise and Reorganization concerning Sino-Forest filed with the Court on October 23. Sino-Forest intends to hold a meeting of creditors in respect of the Amended Plan on November 29. If requisite approvals are received within the time frames anticipated, Sino-Forest intends to complete the Restructuring Transaction not later than January 15, 2013.
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