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HK High Court Orders Winding-up of ATV HOLDINGS
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ATV HOLDINGS (00707.HK), which has been suspended from trading, was petitioned for winding-up by a creditor in the High Court of Hong Kong last year. The High Court heard the case today (22nd). ATV HOLDINGS opposed the winding-up petition and questioned the creditor's actions, alleging that the company had been drawn into a "scam". The judge stated that ATV HOLDINGS failed to provide evidence to substantiate the claim. In addition, the company did not present any debt restructuring proposal and was unable to repay its outstanding debts. The court ultimately issued a winding-up order against ATV HOLDINGS. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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