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Cocoon Holdings Limited ( (HK:0428) ) has issued an announcement.
Cocoon Holdings Limited, a company incorporated in the Cayman Islands and continued in Bermuda, has announced a settlement regarding a winding-up petition filed by a promissory note holder. The note, issued in 2017 with a principal of HK$10 million, matured in March 2025 with an outstanding interest of HK$1.1 million. The settlement involves withdrawing the petition without costs, and the scheduled court hearing has been vacated. The company states that the petition has no material impact on its operations or financial position.
More about Cocoon Holdings Limited
Average Trading Volume: 664,976
Technical Sentiment Signal: Sell
Current Market Cap: HK$29.18M
See more data about 0428 stock on TipRanks’ Stock Analysis page.