Sino Oil and Gas Holdings Ltd., currently in liquidation, is undergoing significant developments in its insolvency process. The High Court of the Hong Kong Special Administrative Region ordered the company to be wound up on 31 March 2025, with the Official Receiver appointed as the Provisional Liquidator. The Stock Exchange of Hong Kong has issued Resumption Guidance, requiring the withdrawal or dismissal of the winding-up order and the discharge of any liquidators for trading to resume. The company's affairs, business, and property are being managed by the Official Receiver and Provisional Liquidator, acting solely as an agent without personal liability. Shareholders and potential investors are advised to seek professional advice regarding the ongoing suspension of trading and the implications of the Resumption Guidance.
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