Brief: Michong Metaverse (China) Says Units Received Administrative Judgment
25/08/2023 16:06
Aug 25 (Reuters) - Michong Metaverse (China) Holdings
Group Ltd 8645.HK :
* UNITS RECEIVED ADMINISTRATIVE JUDGMENT
* UNITS IN PRC RECEIVED ADMINISTRATIVE ORDER FROM COURT ON
21 AUG
* BANK DEPOSITS UNDER NAME MEBUGS SHENZHEN & MICHONG WUHAN
SEIZED,
FROZEN BY COURT FOR RMB8 MILLION & RMB92,300 RESPECTIVELY
* TEMPORARY SUSPENSION OF BANK ACCOUNTS WILL NOT HAVE
MATERIAL
ADVERSE EFFECT ON OPERATIONS OF GROUP
Further company coverage: 8645.HK
((Reuters.Briefs@thomsonreuters.com;))
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