Brief: Alco Holdings Engages Legal Counsel To Represent Nexstgo
Sept 22 (Reuters) - Alco Holdings Ltd 0328.HK :
* ENGAGED LEGAL COUNSEL TO REPRESENT NEXSTGO AND IS
CURRENTLY
INVOLVED IN NEGOTIATIONS TO ESTABLISH AN APPROPRIATE SETTLEMENT
PLAN.
* IN CONSULTATION WITH ITS LEGAL ADVISORS TO DISCUSS
APPLICATION
FOR A VALIDATION ORDER AGAINST WINDING UP PETITION
* WILL PROCEED WITH APPLICATION FOR VALIDATION ORDER IF
ADVISED TO
DO SO BY ITS LEGAL ADVISORS
Source text for Eikon: ID:nHKS6sy9JV
Further company coverage: 0328.HK
((Reuters.Briefs@thomsonreuters.com;))
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