Dayang Group (01991.HK) has received a winding-up petition, with a hearing scheduled for June 10.

NightAirdropper · 2026-03-24T08:22:00+00:00

Ocean Group received a winding-up petition due to failure to pay HK$50.77 million in debt, with the debt involving HK$40 million in convertible bonds. The winding-up petition will be heard on June 10, 2026.

NightAirdropper

2026-03-24 08:22:00

Abstract generation in progress

Gelonghui March 23 — Ocean Group (01991.HK) announced that it has received a winding-up petition filed by Beijing Rixin Jiayue Investment Management Co., Ltd. (“the Petitioner”) on March 19, 2026, at the High Court of the Hong Kong Special Administrative Region. Pursuant to the Hong Kong Companies Ordinance Cap. 32, the petition seeks to wind up the company. The petition relates to an outstanding amount of HKD 50,377,777.78 (including accrued interest up to February 24, 2026), associated with a HKD 40 million convertible bond issued by the company, which matures on July 20, 2026, with an interest rate of 10.0%. The hearing is scheduled for June 10, 2026.

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