Summary by Futu AI
XJ INTL HLDGS LIMITED (the Guarantor) has issued an announcement providing the latest information regarding the appeal to revoke the winding-up petition and the trading status of the convertible Bonds. The appeal hearing is scheduled for April 17, 2025, and the Guarantor will notify Shareholders and investors of any significant developments in due course.Due to the pending appeal, the $350,000,000 zero-coupon guaranteed convertible Bonds issued by TEQU MAYFLOWER LIMITED (the Issuer) will continue to be suspended from trading until further notice. Trading of the Bonds has been suspended since 1 PM on March 5, 2024. The Guarantor is committed to promptly releasing announcements regarding any other significant developments related to the convertible Bonds.The Guarantor reminds Shareholders and potential investors to act cautiously when investing in or trading the company's securities, and to consult professional or financial advisors if there are any doubts regarding personal investment situations.