CHINA TIANRUI (01252): Zhongwei Securities Limited Permitted to Substitute as Petitioner in Winding-Up Proceedings Against Yukuang
Stock News
Sep 09
CHINA TIANRUI (01252) announced that the company has recently been informed by its controlling shareholder, Yukuang Limited (Yukuang), that Zhongwei Securities Limited (the Petitioner) has been permitted to substitute as the petitioner for winding-up proceedings against Yukuang. As of the date of this announcement, the High Court has not issued any winding-up order against Yukuang. The company wishes to clarify that, based on the knowledge, information, and belief of the company's directors after reasonable inquiry, as of the date of this announcement, Yukuang continues to maintain communication with the Petitioner and will continue to explore amicable solutions with the Petitioner.
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