Yusheng Culture (01859.HK) received a court order allowing Yongfeng Bank to enforce arbitration awards obtained by the Shenzhen International Arbitration Court against (among others) the company
Gelonghui, April 26, 丨 Yu Sheng Culture (01859.HK) announced that the Company has received an order dated April 15, 2024 from the High Court of the Hong Kong Special Administrative Region (“High Court”), which allows Yongfeng Bank (China) Limited Guangzhou Branch (“Yongfeng Bank”) to execute arbitration awards obtained by the Shenzhen Court of International Arbitration in the form of a judgment or order of the High Court. The ruling involved the repayment of a bank loan granted by Yongfeng Bank to Beijing Zhongguang Yusheng Culture Communication Co., Ltd. (“Zhongguang Yusheng”), a wholly-owned subsidiary of the Company at the time. The loan was handled by the company and the company
Yu Sheng Culture (01859): Shan Yiqi was appointed as an independent non-executive director
Zhitong Finance App News, Yusheng Culture (01859) issued an announcement. Effective from April 23, 2024, Lu Di has resigned as an independent non-executive director, a member of the Remuneration Committee, a member of the Audit Committee and a member of the Nomination Committee; and effective from April 24, 2024, Shan Yiqi has been appointed as an independent non-executive director, a member of the Remuneration Committee, a member of the Audit Committee and a member of the Nomination Committee.
Yusheng Culture (01859.HK) business operations continue to be suspended as usual
Gelonghui, April 8, 丨 Yusheng Culture (01859.HK) announced that the Group is mainly engaged in video content operation and e-commerce promotion service business. Although trading of the company's shares has been suspended since March 2023, the Group's business operations are continuing as usual in all major aspects. The Board of Directors will continue to evaluate and monitor the impact (if any) of the suspension of trading of the Company's shares on the Group's operations and financial performance, and take appropriate measures in due course, including issuing announcements on the Group's business operations. The suspension continues.
China Bright Culture Delays Publication of 2022, 2023 Reports
The trading of China Bright Culture Group's (HKG:1859) shares will remain in suspension as the publication of its 2022 and 2023 annual reports will be further delayed. The company said it needed more
Winding-Up Petition Against China Bright Culture to Be Withdrawn
The High Court of Hong Kong granted the withdrawal of the winding-up petition against China Bright Culture Group (HKG:1859). The petitioner, Donnelley Financial Solutions, was given leave to withdraw
Yusheng Culture (01859): Further delay in publishing the 2023 interim results and continued suspension of trading
Yusheng Culture (01859) issued an announcement, 2022 Annual Report, 2023 Interim Results, and 2023 Mid-Term...
Yusheng Culture (01859): The court ordered the petitioner to withdraw the winding-up petition
Yu Sheng Culture (01859) issued an announcement. During the hearing on February 7, 2024, the court ordered (among others)...
BRIGHT CULTURE: UPDATE ON RECENT DEVELOPMENT OF SUSPENSION
Winding-Up Petition Against China Bright Culture Adjourned to February
The High Court of Hong Kong adjourned the winding-up petition hearing against media company China Bright Culture Group (HKG:1859) to Feb. 7. The petitioner, Donnelley Financial Solutions Hong Kong, wi
Yu Sheng Culture (01859.HK): Petition hearing adjourned until February 7
Gelonghui, January 17, 丨 Yu Sheng Culture (01859.HK) announced that during the hearing on January 10, 2024, the company defended the petition. The court ordered (among others) that the hearing of the petition be adjourned until 10:30 a.m. on February 7, 2024, and that the petitioner should submit evidence in response before the next hearing. The suspension continues.
Hong Kong High Court to Hear Winding-Up Case Against China Bright Culture Jan. 10
The High Court of Hong Kong will hear a winding-up petition filed by Donnelley Financial Solutions Hong Kong against China Bright Culture Group (HKG:1859) on Jan. 10, according to a Tuesday bourse fil
Yusheng culture: Business operations continue to remain as usual in all major aspects and continue to be suspended
Yusheng Culture (01859) announced that even though the company's share trading has been suspended since March 2023, the Group's business operations will continue as normal in all major aspects. The Board of Directors will continue to evaluate and monitor the impact (if any) of the suspension of the Company's share trading on the Group's operations and financial performance, and will take appropriate measures in due course, including issuing announcements on the Group's business operations. Trading of the company's shares continues to be suspended.
Yusheng Culture (01859.HK) received a winding-up petition to continue suspending trading
Gelonghui, January 2, 丨 Yu Sheng Culture (01859.HK) announced that on November 17, 2023, the Company received a petition from Donnelley Financial Solutions Hong Kong Limited (the “Petitioner”) to the High Court of the Hong Kong Special Administrative Region on November 1, 2023, in accordance with the Company's Liquidation Procedure No. 486 of 2023. The petition will be heard in the High Court at 9:30 a.m. on January 10, 2024. The company has sought legal advice on this petition. The company has a dispute over the debt and acknowledges
Yusheng Culture (01859): Business operations continue to remain suspended as usual in all major aspects
Yusheng Culture (01859) issued an announcement. Even though the company's share trading has been suspended since March 2023, the group's business...
Hong Kong Court Orders Withdrawal of Winding-Up Case Against China Bright Culture
China Bright Culture Group (HKG:1859) said the Hong Kong High Court has ordered that a winding-up petition against the company, filed by CS Legend Corporate Services, be withdrawn and that a hearing s
Yu Sheng Culture (01859.HK): The High Court ordered the withdrawal of the winding-up petition
Gelonghui November 1丨Yu Sheng Culture (01859.HK) announced a petition for the liquidation of the company. The company and the petitioner have signed and submitted to the High Court a consent summons dated September 29, 2023, in which both parties agree (including) to withdraw the petition and cancel the hearing of the petition originally scheduled to be held on November 22, 2023. On October 31, 2023, the company received a sealed High Court order dated October 16, 2023, in which the High Court ruled to withdraw the petition and cancel the hearing. Furthermore, trading of the company's shares continues to be suspended.
Yusheng Culture (01859) continues to be suspended as usual in all major aspects of business operations
Yusheng Culture (01859) issued an announcement. Even though the company's share trading has been suspended since March 2023, the group's business...
BRIGHT CULTURE: ANNOUNCEMENT OF AUDITED ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2022
Yusheng Culture (01859.HK) plans to hold a board meeting on August 17 to approve annual results
Glonway August 4, 丨Yusheng Culture (01859.HK) announced that it will hold a board meeting on August 17, 2023 (Thursday) to consider and approve the annual results and publication of the company and its subsidiaries (including consolidated affiliated entities) for the year ended December 31, 2022, and consider the proposed payment of final dividends (if any) and other matters. Continue to suspend trading.
BRIGHT CULTURE: DATE OF BOARD MEETING AND CONTINUED SUSPENSION OF TRADING
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