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实力建业(00519.HK):实力投资向开曼法院提交呈请并申请委任该等基金的资产接管人

Strength Construction (00519.HK): strength Investment submitted a petition to the Cayman Court and applied for the appointment of asset receivers of these funds.

Gelonghui Finance ·  May 23, 2022 19:15

00519.HK announced that on May 19th, 2022, the company's wholly-owned subsidiary, strength Investment Development Co., Ltd., filed a petition with the Grand Court of the Cayman Islands against Green Asia Restructure Fund SPC in respect of the appointment of the asset receivers of Green Asia Restructure SP and Green Asia Restructure SP II (collectively referred to as these funds). The petition was served on Green Asia on May 20, 2022.

As of the date of this announcement, Green Asia has failed to pay the redemption amount or any part thereof to Power Investment in accordance with the redemption notice. In view of the non-payment of the redemption amount by Green Asia, in order to protect the interests of the Group and shareholders, Power Investment filed a petition with the Cayman Court on 19 May 2022 (Cayman Islands time) and applied for the appointment of asset receivers for these funds. The date for the hearing of the application for the appointment of a receiver has not yet been fixed.

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