High Court Orders Withdrawal of Winding Up Petition Against China Ocean Group Development Ltd

Reuters
06-09
High Court Orders Withdrawal of Winding Up Petition Against China <a href="https://laohu8.com/S/1B6.SI">Ocean</a> Group Development Ltd

China Ocean Group Development Ltd. has announced a significant development in its ongoing winding-up petition. On 9 June 2025, the High Court of Hong Kong ordered the withdrawal of the petition filed against the company. This decision marks a positive turn in the company's efforts to address the legal and financial challenges it has been facing. The company has committed to keeping the public informed of any further material developments in this matter. The announcement is part of a series of updates following previous announcements made on several dates including 18 February 2024 and 26 May 2025. The Board, led by Executive Director and Chairman Liu Rongsheng, has reiterated its commitment to transparency and compliance with the GEM Listing Rules.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Ocean Group Development Ltd. published the original content used to generate this news brief on June 09, 2025, and is solely responsible for the information contained therein.

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