Brief: Ta Yang Receives Winding-Up Petition By Rising Jiarui Investment Management
23/03/2026 08:03
March 23 (Reuters) - Ta Yang Group Holdings Ltd 1991.HK: RECEIVES WINDING-UP PETITION FILED ON 19 MARCH BY RISING JIARUI INVESTMENT MANAGEMENT PETITION RELATES TO NON-PAYMENT OF HK$50.4 MILLION ON HK$40 MILLION 10% CONVERTIBLE BOND DUE JULY 2026 INTENDS TO ENGAGE WITH PETITIONER FOR MUTUALLY ACCEPTABLE SETTLEMENT PETITION SCHEDULED TO BE HEARD ON 10 JUNE 2026 PLANS TO REPAY OUTSTANDING CONVERTIBLE BOND USING INTERNAL OR EXTERNAL FINANCING ANNOUNCES PROPOSED RIGHTS ISSUE WITH PROCEEDS FOR CONVERTIBLE BOND REPAYMENT Further company coverage: 1991.HK ((Reuters.Briefs@thomsonreuters.com;))
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