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King International Investment Faces Winding-Up Petition

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King International Investment Faces Winding-Up Petition

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Life Healthcare Group ( (HK:0928) ) has issued an announcement.

King International Investment Limited has announced that it received a winding-up petition filed by Mianyang Zhongshang Fule Wine Co., Ltd. in the High Court of Hong Kong due to an overdue payment of RMB56,377,750. The company is seeking legal advice to protect its interests and those of its shareholders. The petition, if successful, could void any disposition of property or transfer of shares made after the petition’s commencement date and might lead to restrictions on share transfers for investors.

More about Life Healthcare Group

King International Investment Limited, formerly known as Life Healthcare Group Limited, is a company incorporated in the Cayman Islands with a focus on investment activities.

YTD Price Performance: -8.89%

Average Trading Volume: 1,593,359

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$75.87M

For an in-depth examination of 0928 stock, go to TipRanks’ Stock Analysis page.

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