Brief: Hidili Industry International Development Says Winding Up Petition Filed Against Co

Hidili Industry International Development

19/01/2024 17:25

Jan 19 (Reuters) - Hidili Industry International
Development Ltd  1393.HK :
    * WINDING UP PETITION FILED AGAINST CO BY HOLDER OF NOTES
AMOUNTING TO USD6.2 MILLION
    * PETITION FILED ON FAILURE TO DISTRIBUTE ALLEGED CLAIM OF
ITS
ENTITLEMENT TO SCHEME CONSIDERATION
    * SCHEME CONSIDERATION IN SUM OF USD1.4 MILLION TOGETHER
WITH 79.5
MILLION SCHEME SHARES, UNDER PETITION
    * IN PROCESS OF SEEKING LEGAL ADVICE ON WINDING UP PETITION

Further company coverage:  1393.HK 

 ((Reuters.Briefs@thomsonreuters.com;))