Gelonghui September 20 丨Shuangyun Holdings (01706.HK) announced the liquidation petition relating to its subsidiaries Double-Trans and Samco. Regarding the liquidation petitions of the two subsidiaries, the High Court of Singapore heard the winding-up petitions of Double-Trans and Samco on September 8, 2023 and September 15, 2023, respectively. The court granted the two companies' winding-up petitions and ordered that the winding-up proceedings commence immediately.
The company wishes to disclose the results of this hearing to the public and investors. Since the Group has now entered the liquidation process, the company is unable to announce the Group's financial situation for the first half of 2023 and subsequent financial reports.