ALCO HOLDINGS (00328) issued an announcement regarding Shanghai Commercial Bank Co., Ltd. against the company...
Zhitong Finance App News, ALCO HOLDINGS (00328) issued an announcement. Regarding the winding-up petition filed by Shanghai Commercial Bank Co., Ltd. against the company, on the date of this announcement, the company reached a settlement with the petitioner, and the petitioner agreed to withdraw the petition. At today's hearing, the hearing officer allowed the petitioner to withdraw the petition.
To deal with legal fees, the hearing will be further adjourned until March 20, 2024, when the petitioner is expected to formally withdraw the petition.