GRAND MING Group Holdings Subsidiary Reaches Settlement Agreement with Jardine Engineering

Stock News

Apr 14

GRAND MING Group Holdings (01271) announced an update regarding a winding-up petition filed by Jardine Engineering Company Limited (the Petitioner) against its wholly-owned subsidiary, Grand Sing Construction Limited. On April 10, 2026, Grand Sing and the Petitioner reached a settlement agreement. According to the terms of the agreement, the Petitioner is required to withdraw the petition once Grand Sing fulfills its stipulated obligations. The Board of Directors believes that entering into the settlement is in the overall interests of the Company and its shareholders. The Board is confident that the settlement and the subsequent withdrawal of the petition will not have any significant adverse impact on the Group's business operations or financial condition.

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On April 10, 2026, Grand Sing and the Petitioner reached a settlement agreement. According to the terms of the agreement, the Petitioner is required to withdraw the petition once Grand Sing fulfills its stipulated obligations. The Board of Directors believes that entering into the settlement is in the overall interests of the Company and its shareholders. 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The Board is confident that the settlement and the subsequent withdrawal of the petition will not have any significant adverse impact on the Group's business operations or financial condition.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1148","symbol_name":"建筑与工程","start_time":0,"source_url":"","article_id":"1100973419","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1100973419","pubTimestamp":1776161481,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"GRAND MING Group Holdings (01271) announced an update regarding a winding-up petition filed by Jardine Engineering Company Limited (the Petitioner) against its wholly-owned subsidiary, Grand Sing...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1148":"建筑与工程","01271":"佳明集团控股"},"translate_title":"GRAND MING Group Holdings附属公司与怡和工程达成和解协议","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01271":1},"content_text":"GRAND MING Group Holdings (01271) announced an update regarding a winding-up petition filed by Jardine Engineering Company Limited (the Petitioner) against its wholly-owned subsidiary, Grand Sing Construction Limited. 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