Gelonghui September 20?Shuangyun Holdings (01706.HK) announced the winding-up petition of its subsidiaries Double-Trans and Samco. With regard to the winding-up petitions of the two subsidiaries, the High Court of Singapore heard the winding-up petitions of Double-Trans and Samco on 8 September 2023 and 15 September 2023 respectively. The court approved the winding-up petitions of the two companies and ordered the winding-up proceedings to take place from now on.
The company wishes to disclose the results of this hearing to the public and investors. As the Group has now entered the winding-up process, the company is unable to disclose the Group's financial results and subsequent financial reports for the first half of 2023.