Hong Kong Court Orders Winding Up of China Zenith Chemical

MT Newswires Live

2025/04/21

China Zenith Chemical Group (HKG:0362) was ordered to be wound up by the Hong Kong High Court on March 17 and the official receiver was appointed as the provisional liquidator, an April 17 filing with the Hong Kong bourse said.

The winding-up petition had been filed against the chemical company by bondholder Wang Yuexian in August 2023.

Trading in the shares of the company, which was suspended March 17, remains suspended.

Price (HKD): $0.02, Change: $-0.0050, Percent Change: -25.00%

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