Huscoke Holdings Ltd. is currently navigating through a complex restructuring process following a winding-up petition filed by China Cinda (Hong Kong) Asset Management Company Limited at the High Court of the Hong Kong Special Administrative Region. The company has been actively engaging in communication and negotiation with Cinda Hong Kong, with several meetings held and multiple revised versions of the agreement circulated since August 2024. Concurrently, Huscoke Holdings is seeking legal advice to expedite the recovery of receivables and better protect shareholders' interests. Additionally, the company is exploring various financing channels, although substantive progress can only be made following the resolution of the petition. Shareholders and potential investors are advised to exercise caution when dealing in the company's shares.
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