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Kunming Dianchi Water Treatment Extends Due Date for Entrusted Loan
Kunming Dianchi Water Treatment (HKG:3768) or DCWT extended the maturity date of an entrusted loan to Kunming Development for a 200 million yuan loan, according to a Monday filing with the Hong Kong
DCWT (03768.HK): The 245.52 million shares of company stock held by shareholders will be judicially auctioned on the platform.
On July 9th, Guolong announced that on July 9th, 2024, the company noted that Kunming Dianchi Investment Holdings Co., Ltd. held 245.52 million shares of the company (about 23.86% of the total share capital of the company) will be judicially auctioned on the auction platform. The judicial auction will take place from 10 a.m. on July 25th, 2024 to 10 a.m. on September 23rd, 2024 (except for delays). As of the announcement date, Kunming Dianchi Investment Holdings Co., Ltd. held 660,266,893 shares of domestic shares of the company (about 64.16% of the total share capital of the company) and all.
Kunming Dianchi Water Treatment's Second Judicial Auction Gets Aborted Following No Bids
Kunming Dianchi Water Treatment (HKG:3768) reported that the second judicial auction conducted on the Alibaba Online Judicial Auction Platform regarding the 245,520,000 shares of the company held by K
DCWT (03768.HK): The second judicial auction has ended in failure.
On June 24th, Gelonhui reported that according to the information provided after the deadline of the second judicial auction on June 24th, 2024 on the auction platform, there were no bidders and the second judicial auction failed.
DCWT (03768.HK): Received Court-assisted Execution Notice.
On June 14th, Gleam Hui reported that Dianchi Water (03768.HK) announced that it had received the "Assistance in Execution Notice" ((2024) Yun0112 Zhi1339) issued by the Xishan District People's Court of Kunming City, Yunnan Province on June 14, 2024. It was learned that the company's controlling shareholder, Kunming Dianchi Investment Co., Ltd. ("Kunming Dianchi Investment"), had its shares in the company frozen as follows: according to the Assistance in Execution Notice, Xishan District People's Court was executing Ping An Bank.
The shares held by Kunming Dianchi Investment, a controlling shareholder of DCWT (03768), have been frozen.
DCWT (03768) issued an announcement stating that on June 14, 2024, the company received notice from the Xishan District People's Court in Kunming City...
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