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Company announcement, 2-Jul-2020
After Citizens (owned by Oshidori, 0622) on 12-May applied for winding-up in HCCW 95/2020, and after Manivest (appointed by Southwest, 0812) on 13-May applied for interim receivers in HCMP 469/2020, Citizens on 18-May applied to intervene in that case, to be heard on 18-Jun, but on 15-Jun Manivest applied to join HCCW 95/2020 and appoint their choice of liquidators, RSM, so on 18-Jun they withdrew HCMP 469/2020. The liquidation hearing is set for 9-Jul. Meanwhile on 19-Jun, Southwest wrote to the judge regarding the withdrawal, making what Celebrate calls "completely unfounded allegations against the Board… and other parties" and enclosing a chart. In response, the Board now adjourns the EGM requisitioned by Manivest (who have a 64.66% shareholding) to replace the Board which was scheduled for 3-Jul.
Organisations
- Celebrate International Holdings Limited 譽滿國際(控股)有限公司
- MANIVEST ASIA LIMITED 宏傑亞洲有限公司
- Nieumarkt Investments Ltd
- Oshidori Citizens Money Lending Corporation Limited 威華達民眾財務有限公司
- Oshidori International Holdings Limited
- RSM Hong Kong
- SOUTHWEST SECURITIES (HK) BROKERAGE LIMITED 西證(香港)證券經紀有限公司
- Southwest Securities International Securities Limited
People
- Arab, Osman Mohammed 馬德民
- Ho, Horace Man Kit 何文傑
- Lai, Johnathan Wing Lun 黎頴麟
- Lee, Alan Yuk Lun 李鋈麟
- Mok, Peter Kwan Leong 莫鈞亮
- Ng, Michael Kwok Wing 吳國榮
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