Brief: CNC Served With A Notice Of Intention To Appear On Petition By Everbright Centre

Tsun Yip Holdings

14/02/2023 14:31

Feb 14 (Reuters) - CNC Holdings Ltd  8356.HK :
    * CO HAS BEEN SERVED WITH A NOTICE OF INTENTION TO APPEAR ON
PETITION BY EVERBRIGHT CENTRE
    * AS AT FEB 14, NO WINDING-UP ORDER HAS BEEN GRANTED BY HIGH
COURT
TO WIND UP CO
    * SEEKING ADVICE FROM ITS LEGAL ADVISORS TO DETERMINE NEXT
STEPS
IN RESPECT OF PETITION
    * UP TO FEB 14, PETITION HAS NO MATERIAL IMPACT ON BUSINESS
AND
NORMAL OPERATIONS OF GROUP
    * NOTICE OF INTENTION FOR AN OUTSTANDING INDEBTEDNESS PLUS
INTEREST TO EVERBRIGHT CENTRE  THEREON IN SUM OF HK$5 MILLION
    * TRADING IN SHARES ON HK STOCK EXCHANGE SUSPENDED WITH
EFFECT
FROM 9:00 A.M. ON 15 AUG
    * TRADING IN SHARES WILL REMAIN SUSPENDED UNTIL COMPANY
FULFILLS
RESUMPTION GUIDANCE

Further company coverage:  8356.HK 
 ((Reuters.Briefs@thomsonreuters.com;))