Brief: China Wood International Will Become Solvent Upon Completion Of Capital Reorganisation
16/06/2023 10:03
June 16 (Reuters) - China Wood International Holding Co
Ltd 1822.HK :
* WILL BECOME SOLVENT UPON COMPLETION OF CAPITAL
REORGANISATION,
INVESTOR'S SUBSCRIPTION AND SCHEME
* NO LONGER FACES AN IMMINENT LIQUIDITY RISK
* NO LONGER NECESSARY FOR CO TO REMAIN IN PROVISIONAL
LIQUIDATION
* COMPANY MADE AN APPLICATION TO GRAND COURT FOR WITHDRAWAL
OF
PETITION
Further company coverage: 1822.HK
((Reuters.Briefs@thomsonreuters.com;))
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