Brief: Dafa Properties Says On 24 March Winding Up Petition Filed By China Tonghai Securities

DaFa Properties

28/03/2023 01:33

March 28 (Reuters) - DaFa Properties Group Ltd
 6111.HK :
    * ON 24 MARCH WINDING UP PETITION FILED BY CHINA TONGHAI
SECURITIES AGAINST CO AT HIGH COURT OF HONG KONG SPECIAL
ADMINISTRATIVE REGION
    * PETITION IN RELATION TO CO'S NON-PAYMENT OF CERTAIN
PRINCIPAL
AMOUNT AND INTERESTS UNDER A MARGIN TRADING ACCOUNT
    * PETITION IN RELATION TO CERTAIN PRINCIPAL AMOUNT AND
INTERESTS
IN A TOTAL OUTSTANDING AMOUNT OF HK$1.3 MILLION
    * CO IS IN CONTINUOUS NEGOTIATION WITH PETITIONER FOR AN
AMICABLE
SETTLEMENT OF PETITION
    * EXPECTED PETITION WOULD NOT MATERIALLY AFFECT GROUP'S
ONSHORE
OPERATIONS AS WHOLE IN NEAR TERM

Source text for Eikon:  ID:nHKS273zwH 
Further company coverage:  6111.HK 

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