MOODY TECH HLDG (01400.HK) subsidiary received two enforcement rulings.

On December 11, Gelonghui reported that MOODY TECH HLDG (01400.HK) announced that its wholly-owned subsidiary, Fengtai (Hubei) Textile Co., Ltd., received two execution rulings from the Huangmei County People's Court in Hubei Province. The rulings state that the group's factory buildings and land located in Huangmei Town, Huangmei County, were used as collateral for a bank loan of a total principal amount of 90 million yuan obtained from the local Bank (i.e., Huangmei Rural Commercial Bank). After two unsuccessful auctions, the assets were transferred to the lender to settle the outstanding amount of the bank loans, totaling 115.12 million yuan.

Gelonghui FinanceDec 11 08:04 ET

Express News | Moody Technology - Will Record an Impairment Loss From Forced Sales

ReutersDec 11 07:49 ET

moody tech hldg (01400.HK) recommends a "10-for-1" share consolidation.

格隆汇On November 13th, Moody Tech Hldg (01400.HK) announced that the board of directors proposed a stock consolidation, with a basis of every 10 shares with a par value of 0.1 Hong Kong dollars of the issued and unissued existing shares being consolidated into 1 share with a par value of 1.0 Hong Kong dollars. The board of directors proposed to change the trading unit on the Stock Exchange of Hong Kong from 10,000 shares of existing shares to 20,000 shares of consolidated shares per lot, but this can only be done after the stock consolidation takes effect.

Gelonghui FinanceNov 13 07:52 ET

Express News | Moody Technology - Proposed Share Consolidation on Basis Every 10 Shares of HK$0.1 Each Be Consolidated Into 1 Share of HK$1.0 Each

ReutersNov 13 07:50 ET

Winding-Up Petition Against Moody Technology Withdrawn

MT NewswiresOct 14 07:27 ET

Moody Tech Hldg (01400): The liquidation application has been withdrawn.

Moody Tech Hldg (01400) announced that the Bermuda court on October 10, 2024 (Bermuda time...

Zhitong FinanceOct 13 06:54 ET