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Shunfeng International Clean Energy ( (HK:1165) ) has shared an update.
Shunfeng International Clean Energy Limited has issued a supplemental announcement regarding a winding-up petition involving approximately HK$289.1 million related to convertible bonds issued in 2014. The petition could potentially impact the company’s share transfer capabilities, prompting the company to seek a validation order from the High Court. Despite the petition, daily operations remain unaffected as the company negotiates with lenders and the petitioner for a settlement. Shareholders and investors are advised to be cautious due to associated investment risks.
More about Shunfeng International Clean Energy
Shunfeng International Clean Energy Limited is a company incorporated in the Cayman Islands, operating within the clean energy sector. It specializes in providing renewable energy solutions, with a focus on sustainable development and energy efficiency.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $15.02M
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