Summary by Futu AI
Sino Oil & Gas Holdings Limited announced on September 13, 2024, that the appeal court has dismissed its appeal against the High Court's judgment. The judgment relates to the hearing of the winding-up petition and the creditors' scheme. The company states that it will consult with the relevant parties to decide whether to enter into a supplemental agreement or terminate the restructuring agreement and enter into a new agreement. The company will make further announcements at the appropriate time. Shareholders and potential investors are reminded to exercise caution when trading in the company's shares or other securities. Currently, the board of directors comprises two executive directors, four non-executive directors, and three independent non-executive directors.