Sunac China Holdings (HKG:1918) received a validation order from the Hong Kong High Court on Feb. 28 after China Cinda (HK) Asset Management filed a winding up petition against the company, according to a Friday filing with the Hong Kong bourse.
The company earlier filed a petition for the validation order to ensure that all transfers of the issued and fully paid shares of the company from the date of the presentation of the Petition will not be void under the relevant laws.
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