Brief: DaFa Properties Group Updates On Winding Up Petition

DaFa Properties

05/06/2023 16:46

June 5 (Reuters) - DaFa Properties Group Ltd  6111.HK :
    * UPDATES ON WINDING UP PETITION
    * NO WINDING UP ORDER HAS BEEN GRANTED BY HIGH COURT TO WIND
UP
COMPANY AS AT JUNE 5
    * ON 31 MAY COMPANY RECEIVED A SUMMONS FROM ZHONGTAI
INTERNATIONAL
SECURITIES
    * SUMMONS SEEKING FOR LEAVE TO BE SUBSTITUTED AS PETITIONING
CREDITOR OF PETITION, AMONG OTHERS
    * EXPECTED THAT PETITION WOULD NOT MATERIALLY AFFECT GROUP'S
ONSHORE OPERATIONS AS A WHOLE IN NEAR TERM
    * ON 23 MAY CO AND QUAM SECURITIES FILED A CONSENT SUMMONS
TO HIGH
COURT TO DISMISS WINDING UP PETITION

Source text for Eikon:  ID:nHKS4HPnPF 
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