Brief: Titan Invo Technology Receives Winding-Up Petition Presented To High Court Of Hong Kong

Titan Invo Technology

08/01/2024 10:13

Jan 8 (Reuters) - Titan Invo Technology Ltd  0872.HK :
    * RECEIVED WINDING-UP PETITION PRESENTED TO HIGH COURT OF
HONG
KONG
    * PETITION FILED ON BASIS OF COMPANY'S OBLIGATIONS UNDER
FACILITY
AGREEMENT
    * TRADING IN SHARES ON STOCK EXCHANGE WILL REMAIN SUSPENDED
UNTIL
FURTHER NOTICE
    * PETITION DOES NOT REPRESENT INTERESTS OF OTHER
STAKEHOLDERS AND
MAY IMPAIR VALUE OF CO
    * COMPANY IS CURRENTLY SEEKING LEGAL ADVICE AS TO
APPROPRIATE
COURSE OF ACTION IN RESPECT OF PETITION

Further company coverage:  0872.HK 

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