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Lacklustre Performance Is Driving Strong Petrochemical Holdings Limited's (HKG:852) 37% Price Drop
Strong Petrochemical Delays Interim Dividend After Winding-Up Petition Filed
STRONG PETRO: DELAY IN 2024 INTERIM DIVIDEND PAYMENT
Strong petro (00852.HK): Yao Guoliang filed a lawsuit against FWI, Wang Jiansheng, Sino Century Holdings, and Xia Yongling.
Gelonghui November 21st | Strong Petro (00852.HK) announced that the company has received notification from Mr. Yao Guoliang, who has initiated legal proceedings against Forever Winner International Ltd. (FWI), Mr. Wang Jiansheng, Sino Century Holdings Limited, and Ms. Xia Yongling in Hong Kong and the British Virgin Islands (including them). According to Mr. Yao, the reason is that without his approval, he was inappropriately removed from his position as a director at FWI, and Ms. Xia was appointed as a director at FWI.
Strong petro (00852.HK) received a winding-up petition.
GraceLink reported on November 20th that strong petro (00852.HK) announced that Speed Success Group Limited ("applicant") has filed a winding-up petition against the company with the High Court of the Hong Kong Special Administrative Region on November 20, 2024 in accordance with sections 177(1)(f) and 327 of Chapter 32 of the Hong Kong Companies (Winding Up and Miscellaneous Provisions) Ordinance. Considering the potential impact of the winding-up order on share transfers, the company is contemplating its options and seeking legal advice on the petition.
Express News | Strong Petrochemical - in Course of Considering Options, Seeking Legal Advice Regarding Petition
Strong Petrochemical Holdings Limited's (HKG:852) Shares Bounce 123% But Its Business Still Trails The IndustryNo Data
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