China Evergrande Group Faces Continued Trading Suspension Amid Ongoing Liquidation Proceedings

Reuters
02 Jul
<a href="https://laohu8.com/S/EGRNF">China Evergrande Group</a> Faces Continued Trading Suspension Amid Ongoing Liquidation Proceedings

China Evergrande Group, currently in liquidation, has provided an update on its ongoing winding-up proceedings. Trading in the company's shares has been suspended since January 29, 2024, and will remain so until further notice. Shareholders and potential investors are urged to exercise caution when dealing with the company's securities. The group is under the management of joint liquidators, Edward Simon Middleton and Wing Sze Tiffany Wong, who are acting as agents without personal liability. Stakeholders and creditors with inquiries or information that could aid in the asset realization process are encouraged to contact the liquidators directly. The board of directors includes executive directors Mr. Hui Ka Yan, Mr. Siu Shawn, Mr. Shi Junping, Mr. Liu Zhen, and Mr. Qian Cheng, with Mr. Liang Senlin serving as a non-executive director, and Mr. He Qi and Ms. Xie Hongxi as independent non-executive directors.

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