Summary by Moomoo AI
HOPE EDUCATION (HEDUS INTERNATIONAL HOLDINGS LIMITED) RECEIVED ON MARCH 5, 2024 THE US$350,000,000 ZERO ISSUED ON BEHALF OF ITS SUBSIDIARIES BY STATUTORY DEMAND DEBENTURES ON BEHALF OF ITS SUBSIDIARIES REQUESTING PAYMENT OF $324,706,096.59 IN BOND PRINCIPAL AND INTEREST RECEIVABLE INTEREST. The request for repayment stipulates that if Education does not wish to repay the money within three weeks, the creditor can petition the company for liquidation. Hope Education is seeking legal advice and discussing solutions with creditors. The Company will make further announcements in accordance with the Listing Rules in due course and reminds stakeholders and potential investors to exercise caution when trading.