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Sunshine Oilsands ( (HK:2012) ) has provided an announcement.
Sunshine Oilsands Ltd. has announced that a winding-up petition has been filed against it by Keystone Finance Limited in the High Court of the Hong Kong Special Administrative Region due to a financial obligation of HK$3,106,295. The company plans to oppose the petition, as it believes it does not represent the interests of its stakeholders and could impair the company’s value. The petition, if successful, could void any property disposition or share transfer made after the filing date unless validated by the High Court, potentially affecting shareholder and investor actions.
The most recent analyst rating on (HK:2012) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Sunshine Oilsands stock, see the HK:2012 Stock Forecast page.
More about Sunshine Oilsands
Sunshine Oilsands Ltd. is a corporation incorporated under the Business Corporations Act of the Province of Alberta, Canada, with limited liability. It is listed on the Hong Kong Stock Exchange and operates in the oil sands industry.
Average Trading Volume: 3,002,198
Technical Sentiment Signal: Buy
Current Market Cap: HK$235.2M
For detailed information about 2012 stock, go to TipRanks’ Stock Analysis page.