HKG:1271

2 stories mentioning HKG:1271Updated 45d ago

Every FINWIRES story that references HKG:1271, newest first.

Grand Ming Unit Clears Legal Overhang Following Settlement

A winding-up petition filed against a Grand Ming (HKG:1271) unit was withdrawn in Hong Kong on Wednesday following a settlement, the company said in a same-day filing with the city's bourse.The property developer's shares fell by more than 3% in recent trade.The petition was filed by Jardine Engineering Corporation against Grand Tech Construction over unpaid invoices totaling HK$14.7 million under subcontract works.However, both sides reached a settlement agreement in April, and the petitioner filed an application to withdraw the suit.

HKG:1271

Asia88d ago

Grand Ming Unit Reaches Settlement in Winding-up Case

Grand Ming (HKG:1271) said its unit reached a settlement over a winding-up petition, according to a Tuesday Hong Kong bourse filing.Shares of the property developer were up nearly 2% in Wednesday morning trade.The petition was filed by Jardine Engineering Corporation against Grand Tech Construction over unpaid invoices totaling HK$14.7 million under subcontract works.

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