July 5 (Reuters) - Jiyi Holdings Ltd 1495.HK :
* ON 12 JUNE, WINDING-UP PETITION WAS FILED BY QINGDAO
RONGSHIKAIYUAN TRADING WITH HIGH COURT OF HKSAR
* PETITION IN RELATION TO CLAIM FOR OUTSTANDING CONVERTIBLE
BONDS
IN PRINCIPAL AMOUNT OF HK$41.6 MILLION THAT BECAME MATURE ON 31
AUG 2022
* CO IS ALLEGEDLY INDEBTED TO QINGDAO RONGSHIKAIYUAN IN
AGGREGATE
SUM OF HK$57.5 MILLION
* ACTIVELY NEGOTIATING WITH PETITIONER FOR A POSSIBLE
WITHDRAWAL
OF WINDING-UP PETITION
* AS AT JULY 5, CO AND PETITIONER MUTUALLY INTENDED TO
WITHDRAW
WINDING-UP PETITION BY CONSENT SUMMONS
Source text for Eikon: ID:nHKS79dgcY
Further company coverage: 1495.HK
(Reporting by Archishma Iyer)
((Archishma.Iyer@thomsonreuters.com;))