Brief: China Beidahuang Industry Receives A Winding Up Petition

China Beidahuang Industry group

04/04/2023 15:54

April 4 (Reuters) - China Beidahuang Industry Group
Holdings Ltd  0039.HK :
    * ON 30 MAR, RECEIVED PETITION FOR ORDER THAT CO MAY BE
WOUND UP
BY HIGH COURT OF HONG KONG SPECIAL ADMINISTRATIVE REGION
    * PETITION WAS FILED AGAINST CO FOR BEING UNABLE TO REPAY
JUDGEMENT DEBT OF HK$4.3 MILLION
    * CO HAS ALREADY FILED AN APPEAL AGAINST SAID JUDGEMENT DEBT
    * ACTIVELY SEEKING LEGAL ADVICE ON PETITION & WILL
CONCURRENTLY
NEGOTIATE FOR A SETTLEMENT
    * ALSO ARRANGING POSSIBLE FUND RAISING ACTIVITIES TO SETTLE
OUTSTANDING AMOUNT

Source text for Eikon:  ID:nHKS9MXpg1 
Further company coverage:  0039.HK 

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