Differ Group Auto (HKG:6878) was granted leave by the High Court of Hong Kong for the withdrawal of the application to convene a scheme meeting for the company's scheme creditors on Monday, a same-day bourse filing said.
The company had applied to the court on Wednesday, Feb. 5, to call the said scheme meeting to propose a revised scheme to the relevant creditors.
The withdrawal of the said application will also vacate the court hearing scheduled for Tuesday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.