High Court Grants Validation Order in Shunfeng International Clean Energy's Winding-Up Petition

Reuters

2025/06/19

High Court Grants Validation Order in Shunfeng International Clean Energy's Winding-Up Petition

Shunfeng International Clean Energy Ltd. has received a significant update in its ongoing insolvency proceedings. The High Court of Hong Kong has granted a validation order on 18 June 2025 concerning a winding-up petition against the company. This order ensures that any transfer of issued and fully paid-up shares in the company since 13 February 2025 will not be rendered void under section 182 of the Companies (Winding Up and Miscellaneous Provisions) Ordinance if a winding-up order is eventually made. Shareholders and potential investors have been advised to exercise caution when dealing in the company's shares. Further announcements will be made regarding any major developments related to the petition, in compliance with the relevant listing rules and the Securities and Futures Ordinance.

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. Shunfeng International Clean Energy Ltd. published the original content used to generate this news brief on June 19, 2025, and is solely responsible for the information contained therein.

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The High Court of Hong Kong has granted a validation order on 18 June 2025 concerning a winding-up petition against the company. This order ensures that any transfer of issued and fully paid-up shares in the company since 13 February 2025 will not be rendered void under section 182 of the Companies (Winding Up and Miscellaneous Provisions) Ordinance if a winding-up order is eventually made. Shareholders and potential investors have been advised to exercise caution when dealing in the company's shares. Further announcements will be made regarding any major developments related to the petition, in compliance with the relevant listing rules and the Securities and Futures Ordinance.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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