Brief: Sinopharm Tech Announces Updates On Winding Up Petition

Sinopharm Tech Holdings

19/09/2023 17:15

Sept 19 (Reuters) - Sinopharm Tech Holdings Ltd
 8156.HK :
    * WINDING UP PETITION
    * CREATIVE BIG FILED A WINDING-UP PETITION WITH COURT OF
FIRST
INSTANCE OF HIGH COURT OF HONG KONG SPECIAL ADMINISTRATIVE
REGION
    * HIGH COURT HAS SET HEARING DATE FOR PETITION ON 15
NOVEMBER
    * PETITION  FILED AGAINST CO IN RELATION TO DEMAND FOR
REPAYMENT
OF PRINCIPAL AMOUNT, AMONG OTHERS OF CONVERTIBLE BONDS OF
HK$53.1 MILLION
    * HAS BEEN IN ACTIVE NEGOTIATIONS FOR AN AMICABLE SETTLEMENT
OF
PETITION.
    * ASSESSING POSSIBLE EFFECT PETITION MAY HAVE ON GROUP
    * WILL SEEK LEGAL ADVICE AND TAKE ALL NECESSARY ACTIONS TO
PROTECT
LEGAL RIGHTS
    * NO OTHER OUTSTANDING WINDING UP PETITION FILED AGAINST
COMPANY
AS AT SEP 19


Further company coverage:  8156.HK 

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