Brief: China Tonghai International Financial Says On 25 April Oceanwide Received Notification

Quam Plus International Financial

04/05/2023 09:13

May 4 (Reuters) - China Tonghai International Financial
Ltd  0952.HK :
    * ON 25 APRIL OCEANWIDE HOLDINGS HAS RECEIVED A NOTIFICATION
FROM
BEIJING SHIWANG ASSET MANAGEMENT CO.
    * NOTIFICATION THAT ON 21 APRI BEIJING SHIWANG MADE
APPLICATION TO
BEIJING NO. 1 INTERMEDIATE PEOPLE'S COURT
    * BEIJING SHIWANG MADE APPLICATION TO PRC COURT FOR
PRE-RESTRUCTURING OF OCEANWIDE HOLDINGS
    * APPLICATION MADE TO BEIJING NO. 1 COURT FOR RESTRUCTURING
OF
OCEANWIDE
    * RESTRUCTURING ON BASIS THAT OCEANWIDE NOT BEING ABLE TO
PAY OFF
DEBTS WHEN DUE

Further company coverage:  0952.HK 

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