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Express News | glorious ppt h: Intends to settle the judgment amount and seeks early withdrawal of the liquidation application.
Glorious Property Hit With Winding-Up Petition in Hong Kong; Shares Slide 15%
Due to the failure to repay a loan of 0.36 million Hong Kong dollars, the glorious ppt h, once led by the mysterious billionaire Zhang Zhirong, has received a winding-up petition.
① Due to the failure to timely repay a relatively low amount of debt, glorious ppt h received a petition for liquidation. In fact, this is not the first time the company has received a petition for liquidation; this is its "third time in prison." ② The company's largest "grain depot" comes from a project in shanghai called Shanghaiwai.
Hong Kong stock movements | Glorious ppt h (00845) reopened and opened 15% lower. Recently received a liquidation petition, the company stated that it intends to repay and seek to withdraw the petition.
Glorious ppt h (00845) resumed trading and opened 15% lower. As of the time of writing, it has dropped by 15.38%, priced at 0.011 Hong Kong dollars, with a trading volume of 0.0566 million Hong Kong dollars.
Express News | Glorious PPT H will resume trading on Monday.
Express News | glorious ppt h received a liquidation application.
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