China South City Holdings Remains in Liquidation as Trading Suspension Continues
Reuters
Nov 10
China South City Holdings Remains in Liquidation as Trading Suspension Continues
China South City Holdings Limited announced that it remains in liquidation, with joint and several liquidators continuing to oversee the company's affairs. The liquidators are working closely with the management team to assess the financial position of the group and explore the viability of a potential holistic restructuring of the company's offshore debt. Trading in the company's shares on the Hong Kong Stock Exchange remains suspended until further notice. The company emphasized that the implementation of any restructuring is uncertain and subject to factors beyond its control, urging shareholders and investors to exercise caution.
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