Brief: Kingkey Financial International Says Application Will Be Made For Resumption Of Trading
01/03/2024 14:00
March 1 (Reuters) - Kingkey Financial International
Holdings Ltd 1468.HK :
* APPLICATION WILL BE MADE FOR RESUMPTION OF TRADING FROM 4
MAR
* RECEIVED STATUTORY DEMAND FOR HK$1 MILLION ARISEN OUT OF
BOND
SUBSCRIPTION AGREEMENT
* OPTIMISTIC THAT RESTRUCTURING WILL BE SUCCESSFUL
* NOTED THERE WAS UNUSUAL PRICE AND TRADING VOLUME MOVEMENT
ON 1
FEB AND 2 FEB
* EXECUTIVE DIRECTOR ADMITTED THERE WAS FORCED SALE AND
DISPOSAL
OF SHARES ON TWO DAYS
* IN COURSE OF SEEKING LEGAL ADVICE IN RESPECT OF STATUTORY
DEMANDS
* UNIT RECEIVED STATUTORY DEMAND FOR HK$1.1 MILLION
Source text for Eikon: ID:n11084039-1
Further company coverage: 1468.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Jakota Capital Holding
See all newsBrief: Jakota Capital To Place Maximum Of 347.4 Million Shares
Brief: Jakota Capital Says Every 5 Shares Of Par Value Of HK$0.10 Each Be Consolidated Into 1 Consolidated Share Of HK$0.50 Each
Brief: Jakota Capital Holding Sees Consol Net Loss Of Not More Than HK$41.0 Million For HY
Brief: Kingkey Financial International To Sell Shares In Trade Region For HK$10 Million
Brief: Kingkey Financial International To Issue Subscription Shares