Sunshine Oil Receives Liquidation Petition from Bondholder

Stock News
Aug 05

Sunshine Oil (02012) announced that it has been informed of a winding-up petition filed against the company by Ms. Zhu Huiwen in the High Court of the Hong Kong Special Administrative Region on August 5, 2026. The petition relates to a financial obligation of USD 657,298.55 owed by the company.

The petitioner is a bondholder of the company and is an independent third party. Sunshine Oil is currently seeking legal advice and recommendations to determine the next steps and possible actions in response to the petition.

Meanwhile, the company will make every effort to maintain communication with the petitioner, aiming to facilitate the withdrawal of the petition as soon as possible. It will also actively prepare for a defense at the hearing, striving to have the petition dismissed by the court.

Sunshine Oil will keep shareholders and investors informed of any significant developments regarding the petition and will issue further announcements in due course.

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