Jan 11 (Reuters) - L & A International Holdings Ltd
8195.HK
* Update on winding up
* Board considered that petition is frivolous and have no
grounds
* Company has instructed its legal adviser to commence
preparation of application to high court for validation order
* Company shall contest the petition
* Estimates that application and hearing would take not less
than three weeks and two weeks to process
* Until winding up order has actually been made by court,
petition shall pose no legal impediment to prospective transfer
of shares
* Refers to winding-up petition dated January 3, 2017 filed
by Chi Dong Eun
Source text for Eikon: ID:nHKS2rRXmw
Further company coverage: 8195.HK
((Bangalore.newsroom@thomsonreuters.com;))