Brief: Leading Says Designation Of Administrators Of 2 Units
29/05/2024 18:08
May 29 (Reuters) - Leading Holdings Group Ltd 6999.HK :
* DESIGNATION OF BEIJING KANGDA (CHENGDU) LAW FIRM AND
SICHUAN
ZHONGFA ACCOUNTING FIRM AS ADMINISTRATORS OF 2 UNITS
* CHENGDU LINGYUAN AND CHENGDU RUNDE WILL BE ADMINISTRATED
BY
ADMINISTRATORS
* CONFIRMED WITH AUDITORS CHENGDU LINGYUAN AND CHENGDU RUNDE
WILL
CEASE TO BE CONSOLIDATED IN FINANCIAL STATEMENTS OF GROUP
THEREAFTER
* EXPECTS THAT TOTAL ASSET OF GROUP WILL BE DECREASED BY
RMB3.75
BILLION AFTER CESSATION OF CONSOLIDATION
* CESSATION OF CONSOLIDATION WILL NOT MATERIALLY AFFECT CASH
FLOW
AND DAILY OPERATIONS OF GROUP
* CO IS SEEKING PROFESSIONAL ADVICE ON MATTER
Further company coverage: 6999.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Leading Holdings
See all newsBrief: Leading Holdings Posts Contracted Sales RMB1.171 Billion (Unaudited) From Jan 1 To May 30
Brief: HKEX Announces Disciplinary Action Against Leading Holdings And CEO
Brief: Leading Holdings Posts FY Net Loss Of RMB2,335 Mln
Brief: Leading Holdings Group Sees Net Loss Of RMB2,200 Million To RMB2,400 Million For 2024
Brief: Leading Holdings Updates On Reorganization Of Chengdu Lingyuan And Chengdu Runde