Brief: Asia Television Says On 7 Sept, Unit Ordered To Be Wound Up By High Court

Asia Television Holdings

08/09/2022 14:51

Sept 8 (Reuters) - Asia Television  0707.HK :
    * ON 7 SEPT, UNIT WAS ORDERED TO BE WOUND UP BY HIGH COURT
    * OFFICIAL RECEIVER OF ATVDM BECOMES PROVISIONAL LIQUIDATOR
OF
ATVDM
    * CURRENTLY SEEKING LEGAL ADVICE ON PETITION TO ASSESS ORDER
AND
THEIR IMPLICATIONS ON GROUP
    * MATTER WILL HAVE NO ADVERSE EFFECT ON BUSINESS AND
OPERATIONS OF
GROUP
    * REFERS TO PETITION/AMENDED PETITION FILED AGAINST ATVDM
PURSUANT
TO COMPANIES IN RELATION TO LOAN AGREEMENT DATED 11 APRIL 2019

Further company coverage:  0707.HK 

 ((Reuters.Briefs@thomsonreuters.com;))