Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Greater Bay Area Dynamic Growth Holding Limited ( (HK:1189) ) just unveiled an update.
Greater Bay Area Dynamic Growth Holding Limited is facing a winding-up petition filed by its former Financial Controller, Mr. Lau Ka Kit Ken, over unpaid salaries amounting to approximately HK$1.2 million. The company disputes these claims, citing a breach of fiduciary duties by Mr. Lau, and has initiated a counterclaim. The hearing for the petition has been rescheduled to July 2025, and the company is exploring options to resolve the issue. Additionally, the company warns shareholders about potential complications in share transfers due to the ongoing petition, as any transfers made after the commencement date could be void without a validation order from the High Court.
More about Greater Bay Area Dynamic Growth Holding Limited
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$37.88M
Find detailed analytics on 1189 stock on TipRanks’ Stock Analysis page.