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TIMES UNI GP (02310.HK) is negotiating with the applicant to extend the repayment and settlement period for the Bonds.
On May 8, Gelonghui reported that TIMES UNI GP (02310.HK) announced that on May 8, 2025, the company received a letter from the Bankruptcy Management Department, stating that on April 30, 2025, a winding-up petition against the company was received. This petition was issued to the High Court of the Hong Kong Special Administrative Region for a winding-up procedure according to Company Winding-Up Ordinance No. 246 of 2025. The petitioner is the company's former Director Shen Ke. The hearing for the petition is scheduled for July 9, 2025. The petitioner is the holder of non-listed and unsecured Bonds with a principal amount of HKD 10,000,000 and an interest rate of 3%.
Express News | Times Universal - Negotiating Extension of Repayment and Settlement Terms of Bond With Petitioner
Express News | Times Universal Group Holdings Ltd - Faces Winding-up Petition
TIMES UNI GP: ANNUAL REPORT 2024
TIMES UNI GP (02310.HK): Shareholder's attributable loss of 7.496 million HKD for the fiscal year 2024.
Gelonghui reported on March 26th that TIMES UNI GP (02310.HK) announced that for the year ending December 31, 2024, it achieved revenue of 0.111 billion HKD, an increase of 9.1% year-on-year; gross profit was 28.342 million HKD, an increase of 11.2% year-on-year; the loss attributable to shareholders was 7.496 million HKD, compared to a loss of 8.29 million HKD attributable to shareholders in the same period last year; basic loss per share was 0.69 HK cents.
TIMES UNI GP: ANNOUNCEMENT OF ANNUAL RESULTSFOR THE YEAR ENDED 31 DECEMBER 2024