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Greater Bay Area Dynamic Growth Faces Winding-Up Petition and Trading Suspension

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Greater Bay Area Dynamic Growth Faces Winding-Up Petition and Trading Suspension

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Greater Bay Area Dynamic Growth Holding Limited ( (HK:1189) ) has provided an announcement.

Greater Bay Area Dynamic Growth Holding Limited is currently facing a winding-up petition due to outstanding salary payments owed to a petitioner, Mr. Lau Ka Kit Ken. The company has complied with a court order to pay the petitioner a sum of HK$1,211,642.01, but has also filed an appeal against this order. Trading of the company’s shares on the Hong Kong Stock Exchange remains suspended since April 2024, and stakeholders are advised to exercise caution. The company plans to keep the public updated on the appeal’s progress and any changes in trading status.

More about Greater Bay Area Dynamic Growth Holding Limited

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$37.88M

For detailed information about 1189 stock, go to TipRanks’ Stock Analysis page.

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