Zhitong Financial App News, China Global Holdings (00715) announced that at a hearing held in the Bermuda court at 10:00 a.m. on September 22, 2023 (Bermuda time), the company was ordered to be liquidated. Michael Morrison and Charles Thresh of Teo (Bermuda) Limited are located at 9 Par-la-Ville Road, Third Floor, Hamilton, HM 11, Bermuda, and Chen Meilan of Teneo Asia Limited, located on the 13th floor of Wyndham Commercial Centre, 40-44 Wyndham Street, Central, Hong Kong, was appointed as the company's joint provisional liquidator and was granted powers under section 175 of the Bermuda Companies Act (1981). These powers were jointly and separately exercised by the Joint Provisional Liquidators.
Furthermore, trading continues to be suspended.