Dec 29 (Reuters) - Glorious Property Holdings Ltd 0845.HK :
* Announcement in relation to clarification of the winding-up petition against the company 0845.HK
* Says "the company has settled the sums due to the petitioner"
* Says the petitioner is arranging for an application to the high court for a withdrawal of the petition
* Petition would not have any material adverse impact on the group's business and operations
* A winding-up petition dated 28 December 2015 was filed by petitioner to the high court of Hong Kong against the company
* Source text for Eikon ID:nHKSbrM3tv
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