Mansion restructuring gets nod

Potential investors in Mansion Holdings have notified the company they are satisfied with the results of the firm's due diligence and are prepared to take the next step in its proposed restructuring. Chan Ting-chuen, Search Asia Pacific and Symphony Holdings say they will procure interim financing of $10 million, which will be advanced to Mansion today. Mansion said creditors of Silver Lotus and connected parties had sold down their combined interest in the firm to 12.75 per cent from 12.78 per cent.