TORONTO, Nov. 30, 2012 /CNW/ - Sino-Forest Corporation ("Sino-Forest" or
the "Company") today announced that the time for the meeting of
creditors of Sino-Forest (the "Meeting") to consider the Company's
Amended Plan of Compromise and Reorganization dated November 28, 2012
(the "Amended Plan") has been extended in accordance with the terms of
the Plan Filing and Meeting Order made by the Ontario Superior Court of
Justice (the "Court") on August 31, 2012.
The Meeting will now be held at 10:00 a.m. on December 3, 2012, at the
offices of Gowling Lafleur Henderson LLP, counsel to the
Court-appointed Monitor, at 1 First Canadian Place, 100 King Street
West, 16th Floor, Toronto, Ontario.
Noteholders representing an aggregate of over 72% of the outstanding
principal amount of Sino-Forest's notes have agreed to vote in favour
of and to support the Amended Plan.
Creditors of Sino-Forest should periodically check the Monitor's website
at http://cfcanada.fticonsulting.com/sfc for additional reports of the Monitor and any updates or amendments to
the Amended Plan that may arise prior to the Meeting.
SOURCE: Sino-Forest Corporation
For further information:
All inquiries regarding the Company's proceedings under the Companies' Creditors Arrangement Act (Canada) (the "CCAA") should be directed to the Monitor, FTI Consulting, via email at: email@example.com, or telephone: (416) 649-8094. Information about the CCAA proceedings, including copies of all court orders and the Monitor's reports, are available at the Monitor's website http://cfcanada.fticonsulting.com/sfc.