Greek Education International Holdings (01765) announced that the company applied for and successfully obtained a higher rank on May 21, 2024...
According to Zhitong Finance App, Greek Education International Holdings (01765) issued an announcement. The company applied for and successfully obtained an approval order from the High Court on May 21, 2024. The order is that even if a petition has been filed, if the Company is liquidated, the transfer of any or all of the issued and paid shares of the Company from the date of filing of the petition will not expire in accordance with section 182 of the Companies (Liquidation and Miscellaneous Provisions) Regulations. Furthermore, the Company has not obtained a plenipotentiary approval order from the High Court for the disposal of assets in the course of the Company's daily business. Investors and counterparties of the Company shall be aware of the impact and associated risks of section 182 of the Companies (Liquidation and Miscellaneous Provisions) Regulations.