China Resources and Transportation Faces Winding-Up Petition

MT Newswires Live

Sep 18

China Resources and Transportation Group (HKG:0269) was slapped with a winding-up petition filed by Asian Capital on Sept. 15 over the alleged non-payment of HK$608,900 related to a service obtained from the petitioner, a Thursday Hong Kong bourse filing said.

The petitioner had provided services as a financial adviser to the expressway operator in around 2016 and 2017.

The firm in currently seeking legal advice and will oppose the petition, for which the Hong Kong High Court has set the first hearing date on Nov. 19.

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