Renaissance Asia Silk Road Group Limited (HK:0274) has released an update.
Renaissance Asia Silk Road Group Limited is facing a winding-up petition filed by Victor Arise Limited at the Hong Kong High Court, alleging a debt of HK$3,025,000 related to convertible bonds. The company plans to robustly defend against the petition, seeking legal advice and taking actions to protect its stakeholders. Shareholders and potential investors are cautioned about the implications on share transfers pending the court’s decision.
For further insights into HK:0274 stock, check out TipRanks’ Stock Analysis page.