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    813 — Shimao group News Story

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    Brief: Shimao Group Says Winding-Up Petition Has Been Filed Against Co By CPYM Link Investment

    Picture of Shimao group logoShimao group
    10/01/2025 14:53
    Jan 10 (Reuters) - Shimao Group Holdings Ltd  0813.HK :
    * WINDING-UP PETITION
    * WINDING-UP PETITION AGAINST CO WAS FILED BY CPYM LINK
INVESTMENT
    * PETITION IN CONNECTION WITH A GUARANTEE PROVIDED BY
COMPANY FOR
A CROSS BORDER LOAN RELATING TO CMB INTERNATIONAL FINANCE
    * GUARANTEE PROVIDED BY CO FOR A CROSS BORDER LOAN IN
OUTSTANDING
AMOUNT OF ABOUT RMB258 MILLION
    * HIGH COURT HAS SET FIRST HEARING DATE FOR PETITION ON 19
MARCH

Further company coverage:  0813.HK 

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

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