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Strong Petrochemical Updates on Cayman Islands Winding-Up Petition

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Strong Petrochemical Updates on Cayman Islands Winding-Up Petition

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Strong Petrochemical Holdings Limited ( (HK:0852) ) has shared an announcement.

Strong Petrochemical Holdings Limited announced an update on a winding-up petition involving the company, presented to the Grand Court of the Cayman Islands by shareholder Mr. Yao Guoliang against Speed Success Group Limited. A consent order was agreed upon, designating the proceedings as a dispute between Mr. Yao and Speed Success, with the company remaining involved only for discovery purposes. The company seeks legal advice following management changes and advises caution for shareholders and investors.

More about Strong Petrochemical Holdings Limited

Strong Petrochemical Holdings Limited is a company involved in the petrochemical industry, incorporated in the Cayman Islands with a focus on managing and developing petrochemical products. The company is listed on the Stock Exchange of Hong Kong.

YTD Price Performance: 0%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €43.59M

For detailed information about 0852 stock, go to TipRanks’ Stock Analysis page.

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