Hong Kong's High Court Appoints Liquidators for China Evergrande Unit

MT Newswires Live

Sep 16, 2024

Hong Kong's High Court appointed liquidators for China Evergrande Group's (HKG:3333) unit, CEG Holdings (BVI), effective Sept. 12, as part of an ongoing winding-up petition against the unit filed by the company, according to a Friday filing with the Hong Kong bourse.

Edward Simon Middleton and Wing Sze Tiffany Wong, both of Alvarez & Marsal Asia, will be the joint and several provisional liquidators of the CEG Holdings.

CEG Holdings owns about 49.65% of the issued shares of Evergrande Property Services Group (HKG:6666), a member of the Evergrande Group and a listed company on the Stock Exchange.

The liquidators will ensure that the company's assets are preserved and can be used to benefit the creditors and other stakeholders.

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Marsal Asia, will be the joint and several provisional liquidators of the CEG Holdings.</p><p>CEG Holdings owns about 49.65% of the issued shares of Evergrande Property Services Group (HKG:6666), a member of the Evergrande Group and a listed company on the Stock Exchange.</p><p>The liquidators will ensure that the company's assets are preserved and can be used to benefit the creditors and other stakeholders.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1542","symbol_name":"内地物业管理股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2467859575","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2467859575","pubTimestamp":1726446410,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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