MCC Meili Shareholder Says No Operational Impact from Shareholder's Bankruptcy Liquidation Proceeding

MT Newswires Live

09/18

MCC Meili Cloud Computing Industry Investment (SHE:000815) said the bankruptcy liquidation application against significant shareholder MCC Paper will not impact its normal production and operational activities.

This follows a Sept. 15 court ruling that rejected a separate creditor's application for bankruptcy reorganization against MCC Paper, according to a Thursday filing with the Shenzhen bourse.

Shares of the cloud computing company closed 2% lower Thursday.

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