China Tianhua Chemical (00362) issued an announcement. At the hearing on the petition on March 4, 2024, the petitioner wanted...
Zhitong Finance App News, China Tianhua (00362) issued an announcement. At the hearing of the petition on March 4, 2024, the petitioner requested an adjournment of the hearing. The High Court has adjourned the hearing of the petition until March 25, 2024.
Although the company has submitted the petitioner's bonds to the Court of First Instance that were not issued by the company and submitted relevant evidence to the Court of First Instance, Interim Judge Au Yeung Ho-wing of the High Court of First Instance denied submitting the relevant evidence to the Court of First Instance on the grounds that it had taken too long. In the winding-up hearing court, the cabinet judge also did not consider the relevant evidence submitted by the company.
Therefore, the company regretfully decided to prepare to pay the relevant amount to the petitioner before March 25, 2024 (that is, before the hearing begins), if necessary, to ensure that the petition is withdrawn and market concerns are dispelled.