Summary by Moomoo AI
CHINA PETROLEUM HOLDINGS LIMITED ANNOUNCED ON 14 MARCH 2024 THAT IT WILL CONTINUE TO HOLD CREDITOR SCHEME APPROVAL HEARINGS. Previously, the High Court asked the company to decide within 14 days of the hearing on 29 February 2024 whether to proceed with the hearing. The company is currently awaiting a ruling from the high court and has indicated that it may consider appealing if the ruling is unfavorable to the company. Shareholders and potential investors are advised to exercise caution when trading shares or other securities. The members of the Board of Directors include Executive Directors Dr. Dai Xiaobing and Mr. Wen Zi-hoon, Non-Executive Directors Mr. Jing Hali, Mr. Wong Shaowu, Mr. Tsang Qingyi and Ms. Wang Yunling, as well as Independent Non-Executive Directors Dr. Wang Yanbin, Dr. Xian Weihua and Mr. Wen Man Wah.