BGMC International's Malaysian Unit Ordered to be Wound Up

MT Newswires Live

2024/11/21

BGMC International (HKG:1693) has received a notice stating the High Court of Malaya has ordered the winding-up of Headway Construction, a unit of the company, a Wednesday bourse filing said.

A creditor had applied for the winding up of the Malaysian subsidiary over a matter of outstanding debt.

Headway Construction has been dormant since 2021, according to the Malaysian construction and maintenance firm.

Price (HKD): $1.35, Change: $+0.010, Percent Change: +0.75%

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