Brief: AL Group Says Winding Up Of A Non-Wholly Owned Subsidiary By Court Appointment Of Provisional Liquidator

Basic House New Life

08/11/2023 15:14

Nov 8 (Reuters) - AL Group Ltd  8360.HK :
    * WINDING UP OF A NON-WHOLLY OWNED SUBSIDIARY BY COURT
APPOINTMENT
OF PROVISIONAL LIQUIDATOR
    * AGGREGATE AMOUNT OF DEBT IN RELATION TO WINDING UP ORDER
IS
HK$2.4 MILLION
    * ACE ARCHITECTURAL AND INTERIOR DESIGN LIMITED ORDERED TO
BE
WOUND UP BY HIGH COURT OF HONG KONG
    * GROUP HAS SUFFICIENT FINANCIAL RESOURCES TO SATISFY DEBT
IN
RELATION TO WINDING UP ORDER
    * IS IN COURSE OF SEEKING LEGAL ADVICE


Further company coverage:  8360.HK 

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