In this article
Master Glory (0275): winding up order
HK Court of First Instance, 1-Jun-2020
The 3 petitioners are all members of the China Huarong group. Of the supporting creditors, Advance Tech Ltd is owned by ITC Properties (0199) and Citizens Money Lending Corp Ltd is owned by Enerchina (0622). Justice Jonathan Harris writes that on the morning of the hearing, the company produced a "vague and unsophisticated" affirmation claiming that the "principal shareholder" (Allan Yap) is attempting to sell assets in the Mainland to settle debts. The judge calls the situation "ridiculous" and orders a winding-up.
Organisations
- ADVANCE TECH LIMITED 科進有限公司
- Bloom Right Limited
- China CITIC Financial Asset Management Co., Ltd. 中國中信金融資產管理股份有限公司
- CW FINANCING LIMITED
- Huarong Investment Stock Corporation Limited 華融投資股份有限公司
- ITC Properties Group Limited 德祥地產集團有限公司
- Master Glory Group Limited 凱華集團有限公司
- Oshidori Citizens Money Lending Corporation Limited 威華達民眾財務有限公司
- Oshidori International Holdings Limited
- Plenty Choice Investments Limited
- Unique Rosy Limited 唯鴻有限公司
People
Sign up for our free newsletter
Recommend Webb-site to a friend
Copyright & disclaimer, Privacy policy