Brief: Guangdong Adway Construction Updates On Bankruptcy Restructuring Application

Guangdong Adway Construction (Group) Holdings

27/10/2023 15:46

Oct 27 (Reuters) - Guangdong Adway Construction Group
Holdings Co Ltd  6189.HK :
    * UPDATES ON BANKRUPTCY RESTRUCTURING APPLICATION OF CO
    * RECENTLY ACKNOWLEDGED THAT SHENZHEN INTERMEDIATE PEOPLE'S
COURT
ACCEPTED BANKRUPTCY RESTRUCTURING APPLICATION OF CO
    * REMAINS MATERIAL UNCERTAINTIES IN RELATION TO WHETHER OR
NOT CO
CAN PROCEED WITH RESTRUCTURING PROCEDURES
    * AS AT OCT 27, COMPANY HAS NOT YET RECEIVED OFFICIAL NOTICE
FROM
COURT
    * TRADING IN SHARES OF CO WILL REMAIN SUSPENDED UNTIL
COMPANY
SATISFIES ALL RESUMPTION GUIDANCE


Further company coverage:  6189.HK 

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