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Greater Bay Area Dynamic Growth Faces Winding-Up Petition Hearing Adjournment

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Greater Bay Area Dynamic Growth Faces Winding-Up Petition Hearing Adjournment

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Greater Bay Area Dynamic Growth Holding Limited ( (HK:1189) ) just unveiled an announcement.

Greater Bay Area Dynamic Growth Holding Limited announced the adjournment of a winding-up petition hearing filed by Great Treasure Consultants Limited to August 13, 2025. The company disputes the claims made in the petition, asserting that some services were not provided or were related to subsidiaries that have been struck off. The company is exploring legal options, including potential counterclaims for damages. Shareholders and investors are advised of the implications of the Companies Winding Up Ordinance, which could void share transfers made after the petition’s commencement date without a High Court validation order. The company has no current plans to seek such an order, as its shares remain suspended from trading.

More about Greater Bay Area Dynamic Growth Holding Limited

Greater Bay Area Dynamic Growth Holding Limited operates in the financial sector, focusing on dynamic growth opportunities within the Greater Bay Area. The company is involved in various financial services and investments, aiming to leverage the economic potential of this rapidly developing region.

YTD Price Performance: -4.00%

Technical Sentiment Signal: Buy

Current Market Cap: HK$37.88M

For a thorough assessment of 1189 stock, go to TipRanks’ Stock Analysis page.

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