Tuesday, September 23, 2014   

HKMEx to be wound up
(04-28 17:50)

The High Court's ordered troubled Hong Kong Mercantile Exchange be wound up after creditors refused to accept the company's new repayment plan.
The court was told that a potential investor, Huang Chunsheng, was willing to put money into the company and pay one third of the debts it owed.
But a former technology director of the company, Andrew Carter, and three other supporting creditors refused the offer.
Carter, who filed the bankruptcy petition in January, claimed the company failed to pay him his salary of more than HK$1.4 million. --RTHK   
Other Hong Kong breaking news:
Democracy strike at government HQ (09-23 12:39)
Scuffle at Tamar democracy rally (09-23 11:09)
Ombudsman probes Government tree management regime and practices (09-23 11:03)
Students plan Tamar democracy rally (09-23 10:28)
Man arrested over knife attack (09-22 15:41)
Class boycott begins (09-22 14:51)
Man injured in knife attack (09-22 11:55)
Students to begin class boycott (09-22 11:40)
Vigilance urged as Ebola spreads (09-19 18:20)
Pan-Dems should seek 'opportunities' (09-19 18:09)

More breaking news >>

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