Shunfeng International Clean Energy ( (HK:1165) ) just unveiled an announcement.
Shunfeng International Clean Energy Limited has announced that a winding-up petition has been filed against it by True Bold Global Limited over a financial obligation of approximately HK$289.1 million. The company is currently negotiating a settlement plan and seeking legal advice to protect its rights. The announcement highlights potential risks for shareholders and investors due to the implications of the petition, such as the voidance of share transfers made after the petition’s commencement date without a court validation order.
More about Shunfeng International Clean Energy
Shunfeng International Clean Energy Limited is a company incorporated in the Cayman Islands, primarily involved in the clean energy industry. The company focuses on providing renewable energy solutions, with a market presence in Hong Kong, where its securities are listed on the Stock Exchange of Hong Kong Limited.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $21.53M
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