According to the Zhitong Finance App, Zhongmu International (01822) issued an announcement. The Grand Court has issued an order dated April 14, 2023, confirming the share capital reduction. The company completed registration with the Cayman Islands Registrar of Companies on May 1, 2023, of the Supreme Court's order and a copy of the minutes approved by the Grand Court. According to this, the share capital reduction also took effect on the same day.
Furthermore, trading continues to be suspended.