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Hilong Holding Ltd. ( (HK:1623) ) has issued an update.
Hilong Holding Ltd. is facing a winding-up petition filed by The Bank of New York Mellon due to non-payment of senior secured notes. This development has led to the suspension of trading in the company’s shares on the Hong Kong Stock Exchange. The company plans to oppose the petition and is seeking legal advice to protect its interests, while keeping stakeholders informed of any significant updates.
More about Hilong Holding Ltd.
Hilong Holding Ltd. is a company incorporated in the Cayman Islands, operating with limited liability. It is listed on the Stock Exchange of Hong Kong and is involved in the industry of manufacturing and services related to oilfield equipment and services.
Technical Sentiment Signal: Sell
Current Market Cap: HK$191.7M
For an in-depth examination of 1623 stock, go to TipRanks’ Stock Analysis page.