Summary by Moomoo AI
CHINA PETROGAS HOLDINGS LIMITED (“CHINA PETROLEUM GAS”) APPROVED ON 29 APRIL 2024 BY THE HIGH COURT TO POSTPONE THE LIQUIDATION PETITION UNTIL 3 JUNE 2024. In addition, the company received a High Court order on April 24, 2024 rejecting its petition requesting approval of the creditor scheme. China Oil and Gas is currently seeking legal advice and is considering appealing the decision or taking other necessary measures. The Company will update shareholders and investors on any significant progress in due course. Shareholders and potential investors are reminded to exercise caution when trading company shares or other securities.