Summary by Futu AI
HOPE EDUCATION (STOCK CODE: 1765), I.E. HEJIAO INTERNATIONAL HOLDINGS LIMITED, ANNOUNCED ON MAY 21, 2024 THAT IT HAS SUCCESSFULLY OBTAINED A RECOGNITION ORDER GRANTED BY THE HIGH COURT. The Recognition Order allows that, even if the company is ordered to liquidate, any or all of the company's issued and paid shares will not be void pursuant to section 182 of the Companies (Liquidations and Miscellaneous Provisions) Ordinance from the date of petition. In addition, the company did not obtain full delegation authorization for the disposal of the property in the course of its daily business. THE COMPANY WILL NOTIFY SHAREHOLDERS AND INVESTORS OF ANY SIGNIFICANT DEVELOPMENTS ON THE PETITION AND MAKE FURTHER ANNOUNCEMENTS IN DUE COURSE IN ACCORDANCE WITH THE LISTING RULES. Shareholders and potential investors should be aware of the risks involved and exercise caution when buying and selling shares.