Sino Oil and Gas Holdings (HKG:0702) said Hong Kong's High Court adjourned a winding-up petition hearing against the company until March 31, 2025, according to a Monday filing with the Hong Kong bourse.
The oil and gas company had been slapped with a petition in 2022 regarding an alleged unpaid debt of HK$102.2 million.
The company's stocks were down by over 2% in recent trading.
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