Administrator for Former Jiajia Food Shareholder's Bankruptcy Liquidation Obtains Extension of Reorganization Plan
MT Newswires Live
Sep 24
The administrator for former Jiajia Food Group (SHE:002650) controlling shareholder Hunan Zhuoyue Investment's liquidation obtained an extension for the submission of its draft bankruptcy reorganization plan, according to a Thursday filing with the Shenzhen bourse.
Hunan Tiandiren Law Firm is still recruiting investors for the bankruptcy reorganization of the debt-laden shareholder, the filing said.
Creditor Wanxiang Trust sought a bankruptcy declaration for Zhuoyue in 2023 due to non-payment of debt.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.