Summary by Moomoo AI
SINO OIL & GAS Holdings Limited announced on December 23, 2024, that the High Court has approved the extension of the hearing for the company's liquidation petition to March 31, 2025. This is the latest development following several extensions, and the company has issued a series of announcements regarding the liquidation petition since August 2022.The company stated that it will publish another announcement in due course to inform Shareholders and investors about any significant progress regarding the petition. In light of the ongoing liquidation petition, the company particularly reminds Shareholders and potential investors to act with caution when buying or selling the company's shares. This extension provides the company with more time to handle related matters, but there remains uncertainty regarding the final outcome of the liquidation petition.