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Author: Zhu Xinxin
2019-11-22 13:35
Last updated: 2019-11-22 13:35Sing Mei Holdings, one of the five major operators of the Mainland, which was accused of being in financial difficulties, was filed by a creditor at the High Court for winding up. According to the website of the Judiciary, the case is scheduled to be processed until January 22 next year.
The applicant is Zhang Sheng and asked the court to order the liquidation of Xingmei Holding Group Co., Ltd.
Xingmei Holdings and related companies have been involved in litigation many times earlier. Xingmei Holdings was once filed by HSBC to apply for liquidation. The two companies reached a settlement later, but the change was made by Hong Kong Television Broadcasts Limited (0511) (TVB). applicant.
In addition, its affiliated Xingmei International Cinema Co., Ltd. was filed for liquidation by Beijing Huaguan Dingcheng Cultural Development Co., Ltd. last month.
Case No.: HCCW356/2019
Shun Mei’s major shareholder, Yu Hui, was accused of borrowing more than 165 million yuan.
Xingmei Holdings is trapped in the mainland, 140 theaters in the mainland are closed to debts of 4.3 billion
TVB rebates about 650 million yuan to subscribe to SMI Holdings Convertible Bonds
SMI Holdings Liquidation Tribunal