MCC Meili Shareholder Says No Operational Impact from Shareholder's Bankruptcy Liquidation Proceeding
MT Newswires Live
Sep 18
MCC Meili Cloud Computing Industry Investment (SHE:000815) said the bankruptcy liquidation application against significant shareholder MCC Paper will not impact its normal production and operational activities.
This follows a Sept. 15 court ruling that rejected a separate creditor's application for bankruptcy reorganization against MCC Paper, according to a Thursday filing with the Shenzhen bourse.
Shares of the cloud computing company closed 2% lower Thursday.
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