Brief: China Tonghai International Financial Says On 21 April Co Was Informed By Substantial Shareholder That New Merit Group Filed Winding Up Petition

Quam Plus International Financial

29/04/2022 14:44

April 29 (Reuters) - China Tonghai International Financial
Ltd  0952.HK :
    * ON 21 APRIL CO WAS INFORMED BY SUBSTANTIAL SHAREHOLDER
THAT NEW
MERIT GROUP FILED WINDING UP PETITION
    * THAT NEW MERIT GROUP FILED A WINDING UP PETITION DATED 13
APRIL
AGAINST CHINA OCEANWIDE GROUP
    * WINDING UP ON GROUND THAT CHINA OCEANWIDE GROUP UNABLE TO
REPAY
NEW MERIT GROUP IN SUM OF $32.5 MILLION
    * NEW MERIT FILED WINDING UP PETITION FOR ORDER THAT COG BE
WOUND
UP BY HIGH COURT UNDER COMPANIES ORDINANCE
    * AS AT 29 APRIL,  NO WINDING-UP ORDER HAS BEEN MADE BY HIGH
COURT
TO COG

Further company coverage:  0952.HK 

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