Summary by Futu AI
China Evergrande Group (in liquidation) filed a petition for the liquidation of its wholly-owned subsidiary CEG Holdings (BVI) Limited with the Hong Kong High Court on September 12, 2024, and appointed Mr. Edward Simon Middleton and Ms. Wong Wing Si as joint and several provisional liquidators of the subsidiary company. CEG Holdings holds approximately 49.65% of the shares of evergrande services Group Limited, a group member company listed on the Stock Exchange. The provisional liquidators stated that the appointment will help protect the group's assets and seek benefits for creditors and other stakeholders. Trading of stocks will remain suspended until further notice, and shareholders and investors are reminded to exercise caution when trading.