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LVGEM Faces Winding-Up Petition Amidst Financial Disputes

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LVGEM Faces Winding-Up Petition Amidst Financial Disputes

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LVGEM (China) Real Estate Investment Company Limited ( (HK:0095) ) has shared an update.

LVGEM (China) Real Estate Investment Company Limited announced that a winding-up petition has been filed against it by Keystone Holdings Worldwide Limited, related to financial obligations amounting to approximately US$210,000. The petition has not resulted in a winding-up order, and the company intends to oppose it, asserting that it has no adverse impact on its business operations or financial position. Stakeholders are advised to exercise caution, as any share transfers post-commencement date might be void without a High Court validation order.

More about LVGEM (China) Real Estate Investment Company Limited

LVGEM (China) Real Estate Investment Company Limited operates in the real estate sector, focusing on property development and investment. The company primarily engages in real estate projects in China, aiming to deliver high-quality developments.

YTD Price Performance: -16.67%

Average Trading Volume: 24,512,376

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$2.04B

See more insights into 0095 stock on TipRanks’ Stock Analysis page.

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