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The latest update is out from Greater Bay Area Dynamic Growth Holding Limited ( (HK:1189) ).
Greater Bay Area Dynamic Growth Holding Limited announced the withdrawal of a winding-up petition filed by Kingston Finance Limited, which alleged an unpaid loan of approximately HK$225 million. The company disputed the existence of the loan, citing unauthorized actions by a former chairman and lack of fulfillment of loan conditions. Trading of the company’s shares remains suspended as they pursue a counterclaim for funds mistakenly paid due to misrepresentation.
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 engages in various financial services and investment activities, aiming to leverage the economic potential of this strategic region.
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$37.88M
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