Summary by Futu AI
Hope Education (Hippoh International Holdings Limited) issued a supplemental notice on April 14, 2024, mentioning the pending liquidation petition. The announcement states that the company became aware of the liquidation petition after the trading period of March 27, 2024, and subsequently held a board meeting and issued a preliminary announcement. The Company underlines that, based on the current situation, the Petition has not materially adversely affected the Group's financial performance, financial condition and business operations. The company's management is working to ensure the normal functioning of the school and says that the school is currently operating normally with no financial barriers. In addition, the Company has been notified by the creditor that the default on the related bonds does not constitute a...Show More