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Ourgame International Holdings Ltd ( (HK:6899) ) just unveiled an update.
Ourgame International Holdings Ltd has been ordered into official liquidation by the Grand Court of the Cayman Islands following a winding-up petition brought by Jian Ying Ourgame High Growth Investment Fund. The petition stems from unpaid default cost certificates and related court-ordered debts exceeding US$900,000, which the company failed to settle despite statutory demands.
The court has appointed two joint official liquidators from Alvarez & Marsal to take control of the company and oversee its winding-up process. Trading in Ourgame’s shares on the Hong Kong Stock Exchange has been suspended effective 4 March 2026 and will remain halted until further notice, signaling major uncertainty for shareholders and other stakeholders as the liquidation proceeds.
The most recent analyst rating on (HK:6899) stock is a Hold with a HK$0.22 price target. To see the full list of analyst forecasts on Ourgame International Holdings Ltd stock, see the HK:6899 Stock Forecast page.
More about Ourgame International Holdings Ltd
Ourgame International Holdings Ltd is a Cayman Islands-incorporated company previously listed in Hong Kong, known for operating in the online gaming and entertainment sector. The group has historically focused on internet-based games and related digital entertainment services, targeting users in Greater China and other international markets.
YTD Price Performance: 4.55%
Average Trading Volume: 212,314
Technical Sentiment Signal: Sell
Current Market Cap: HK$242.3M
See more insights into 6899 stock on TipRanks’ Stock Analysis page.