China First Capital Group Substitution Hearing Date Set

MT Newswires Live11-28

China First Capital Group (HKG:1269) said the date for a new substitution hearing was set for Dec. 16 after another supporting creditor of the New Petition filed an application to substitute the petitioner of the New Petition on Nov. 25, according to a Wednesday filing with the Hong Kong bourse.

The company allegedly owes HK$10 million to a bondholder.

Currently, the company is looking into the matter and considering all legal options.

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