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Lai Sun Garment Initiates Liquidation of Subsidiary Amidst Strategic Restructuring
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Lai Sun Garment Initiates Liquidation of Subsidiary Amidst Strategic Restructuring

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Lai Sun Garment (International) ( (HK:0191) ) has shared an update.

Lai Sun Garment (International) Limited announced the commencement of a creditors’ voluntary liquidation for its indirect non-wholly-owned subsidiary, Charming Jade Limited, which was involved in restaurant operations in Hong Kong. This decision follows the cessation of several key directors and highlights a significant restructuring within the company, potentially impacting its operational focus and market strategy.

More about Lai Sun Garment (International)

Lai Sun Garment (International) Limited, along with its subsidiaries Lai Sun Development Company Limited, Lai Fung Holdings Limited, and eSun Holdings Limited, operates within the garment and property development sectors. These companies are involved in various operations including restaurant management and property development, focusing on the Hong Kong market.

Average Trading Volume: 285

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