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Times Universal Faces Winding-Up Petition Amid Bond Dispute

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Times Universal Faces Winding-Up Petition Amid Bond Dispute

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Times Universal Group Holdings ( (HK:2310) ) has shared an update.

Times Universal Group Holdings Limited is facing a winding-up petition filed by a former director, Mr. Shen Ke, due to an unpaid bond of HK$10,000,000. The company is negotiating repayment terms and seeking legal advice on possible actions, including applying for a validation order to protect shareholders’ interests. The petition could impact the transfer of shares and their acceptance into the Central Clearing and Settlement System, potentially affecting stakeholders.

More about Times Universal Group Holdings

Average Trading Volume: 146,500

Technical Sentiment Signal: Sell

Current Market Cap: HK$28.41M

For an in-depth examination of 2310 stock, go to TipRanks’ Stock Analysis page.

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