Summary by Futu AI
Hope Education (Hippoh International Holdings Limited) issued a supplemental notice on April 14, 2024, mentioning its liquidation petition event announced on March 28. The Company was notified of the petition after the March 27 trading session and promptly convened a Board Meeting to respond. The Board considers that the petition does not have a material adverse effect on the Group's financial performance, condition and business operations, noting that the normal functioning of the school and the financial accessibility of the school are free of financial obstacles. The Company has received a notice from the creditor that the default of the Notes does not constitute a breach under any other agreement and the Company has not received any legal notice of bank or other...Show More
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