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Jinao International: Withdraws Liquidation Petition
Jin10 data September 3 news, Jin'ao International announced that the company has received a notice from the High Court regarding the withdrawal of the winding-up petition against the company's subsidiary, Mandarin Films Limited. According to the application made by the petitioner's lawyer, the court has approved the petitioner's request to withdraw the second petition. On September 3, 2025, the petitioner and the company jointly signed and submitted a consent notice to the High Court to formally withdraw the second petition. Meanwhile, the hearing for the winding-up petition against the company has been further postponed to October 15, 2025. The company's shares will be suspended from trading on the Stock Exchange starting April 2, 2024, and will continue to be suspended until further notice.