Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Hong Kong
  4. Hong Kong Stock Exchange
  5. GTI Holdings Limited
  6. News
  7. Summary
    3344   KYG416571001

GTI HOLDINGS LIMITED

(3344)
  Report
SummaryChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

GTI : INSIDE INFORMATION UPDATE ON WINDING UP PETITIONS

04/21/2021 | 06:06am EDT

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

GTI HOLDINGS LIMITED

共 享 集 團 有 限 公 司

(a company incorporated in the Cayman Islands with limited liability)

(Provisional Liquidators Appointed)

(For Restructuring Purposes)

(Stock Code: 3344)

INSIDE INFORMATION

UPDATE ON WINDING UP PETITIONS

This announcement is made by GTI Holdings Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rule 13.09 and Rule 13.25 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

References are made to the announcements of the Company dated 5 June 2020, 26 June 2020, 13 July 2020, 15 July 2020, 18 August 2020, 23 September 2020, 17 November 2020 and 3 March 2021 in relation to, among other things, the winding up petitions filed against the Company. Unless otherwise stated, capitalised terms used herein shall have the same meaning as those defined in the announcement of the Company dated 5 June 2020.

The Company would like to provide update on the status of Petition 1 and Petition 3 as follow:

As disclosed in the announcement of the Company dated 3 March 2021, the hearing of the Petition 1 and Petition 3 were adjourned to 21 April 2021. The parties to Petition 1 and Petition 3 respectively agreed by consent to adjourn the said hearing further and the High Court has ordered the hearing for both Petition 1 and Petition 3 be adjourned to 7 July 2021.

1

Shareholders and potential investors of the Company should exercise caution when they deal or contemplate dealing in the Company's shares or other securities of the Company.

By Order of the Board

GTI Holdings Limited

(Provisional Liquidators Appointed)

(For Restructuring Purposes)

Ng Kwok Hung Perry

Executive Director

Hong Kong, 21 April 2021

As at the date of this announcement, the Board comprises (i) Mr. Ng Kwok Hung Perry, Mr. Hao Xiangbin and Mr. Tan Teng Hong as executive Directors; and (ii) Mr. Chan Shu Kin, Mr. Chung Lim Tung, Mr. Ng Ka Lun and Mr. Zhou Weijia (alias Zhou Yi) as independent non-executive Directors.

2

Disclaimer

Addchance Holdings Limited published this content on 21 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 April 2021 10:05:02 UTC.


ę Publicnow 2021
All news about GTI HOLDINGS LIMITED
10/14GTI RESOURCES : to Start Field Activities at Henry Mountains Project in Utah
MT
10/04GTI RESOURCES : Completes Due Diligence on Branka Minerals Deal; Shares Fall 7%
MT
10/03GTI : Incurs Loss in 18 Months Ended June 30 on Lower Revenue; Changes Financial Year
MT
10/03GTI Holdings Limited Announces Earnings Results for the Eighteen Months Ended 30 June 2..
CI
08/27Expecting oil trade boom, Fujairah Oil Terminal invests in VLCC project
RE
08/20GTI : Monthly progress update on possible transaction pursuant to rule 3.7 of the takeover..
PU
07/21GTI RESOURCES : Validates Mineralization at Henry Mountains Project in Utah
MT
07/05GTI RESOURCES : Concludes Drilling at Henry Mountains Project in Utah; Shares Rise 4%
MT
06/24GTI RESOURCES : Starts Drilling on Section 36 at Utah Uranium-Vanadium Project; Shares Jum..
MT
06/08GTI RESOURCES : to Start Second Phase of Uranium Exploration at Utah's Henry Mountains; Sh..
MT
More news
Financials
Sales 2020 319 M 41,1 M 41,1 M
Net income 2020 -640 M -82,4 M -82,4 M
Net Debt 2020 936 M 120 M 120 M
P/E ratio 2020 -0,18x
Yield 2020 -
Capitalization 107 M 13,8 M 13,8 M
EV / Sales 2019 1,85x
EV / Sales 2020 3,29x
Nbr of Employees 2 977
Free-Float 50,8%
Chart GTI HOLDINGS LIMITED
Duration : Period :
GTI Holdings Limited Technical Analysis Chart | 3344 | KYG416571001 | MarketScreener
Income Statement Evolution
Managers and Directors
Kan Tse Chief Executive Officer
Kin Lung Pang Chief Operating Officer
Shu Kin Chan Independent Non-Executive Director
Lim Tung Chung Independent Non-Executive Director
Ka Lun Ng Independent Non-Executive Director
Sector and Competitors