Times Universal Group Holdings Ltd. has announced the withdrawal of a winding-up petition against the company. This decision follows a court note from the High Court of Hong Kong, which, by mutual consent of the petitioner and the company, granted permission for the withdrawal. Shareholders and potential investors are advised to exercise caution when dealing with the company's securities. The withdrawal marks a significant development in the company's restructuring process, as previously detailed in earlier announcements.
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. Times Universal Group Holdings Ltd. published the original content used to generate this news brief on June 11, 2025, and is solely responsible for the information contained therein.