Hong Kong's High Court Orders Winding Up of Sino Oil and Gas; Share Trading Halted

MT Newswires Live

04/01

Hong Kong's High Court ordered the winding up of Sino Oil and Gas Holdings (HKG:0702). It appointed an official receiver as the provisional liquidator, according to a Monday filing with the Hong Kong bourse.

As a result, trading in the company's shares was suspended on March 31, 2025, and will remain halted until further notice.

The oil and gas company had been slapped with a petition in 2022 regarding an alleged unpaid debt of HK$102.2 million.

Price (HKD): $0.03, Change: $-0.0010, Percent Change: -2.86%

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