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Greater Bay Area Dynamic Growth Faces Winding-Up Petition Amid Financial Dispute

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Greater Bay Area Dynamic Growth Faces Winding-Up Petition Amid Financial Dispute

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Greater Bay Area Dynamic Growth Holding Limited ( (HK:1189) ) has issued an update.

Greater Bay Area Dynamic Growth Holding Limited is facing a winding-up petition due to an outstanding service fee of HK$2,418,000 owed to Great Treasure Consultants Limited. The petition is scheduled for a hearing on April 30, 2025, and the company is currently seeking legal advice. If the company is wound up, any property disposition or share transfer after the petition date will be void without a court validation order. Trading of the company’s shares has been suspended since April 2024, and the company will keep stakeholders informed of any significant developments.

More about Greater Bay Area Dynamic Growth Holding Limited

YTD Price Performance: -4.00%

Technical Sentiment Signal: Buy

Current Market Cap: HK$37.88M

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