MCC Meili Unaffected by Shareholder's Liquidation

MT Newswires Live
Sep 22

MCC Meili Cloud Computing Industry Investment (SHE:000815) said its production and operations remain normal and are unaffected by developments involving significant shareholder MCC Paper.

The Zhongwei court has formally accepted a bankruptcy liquidation application against MCC Paper Group, according to a filing with the Shenzhen bourse.

Shares of the cloud computing company closed 1% higher Monday.

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