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ESPRIT HOLDINGS (00330.HK) Crashes 11%+ as Wholly-owned Dutch Subsidiary Files for Bankruptcy
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ESPRIT HOLDINGS (00330.HK) opened down 0.83% today and once crashed 17.4% to $0.1, a new low since April this year. It last printed at $0.107, crumpling 11.57%, with a volume of 5.2543 million shares and a turnover of $562,600. ESPRIT announced that the board of directors of Esprit Europe B.V. (NLEB), its wholly-owned subsidiary, have resolved after due and careful consideration to apply for the commencement of insolvency proceedings at the District Court of Amsterdam, the Netherlands. The Insolvency Filing was subsequently made on 22 July, AAStocks Financial News |
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