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Citizens Money Lending Corp Ltd seeks winding-up of Celebrate (8212)

Company announcement, 14-May-2020

The winding-up petition was filed in the HK High Court on 12-May-2020. Citizens is wholly-owned by Oshidori (0622). The petition claims a debt of HK$27.16m pursuant to a loan agreement dated 25-Jan-2019. This comes just 7 days after the receivers of the controlling shareholding petitioned the court to appoint a receiver over the company's assets.

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