Shimao Property Holdings (HK:0813) has released an update.
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Shimao Group Holdings Limited has announced that the hearing for their winding-up petition has been adjourned to 12 August 2024, with the company considering the need for a validation order. Shareholders and investors are warned that any share transfers made after 5 April 2024 may be void if the company is wound up, and they are advised to handle their securities with caution and seek professional guidance.
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