Wednesday, August 5, 2015   

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:
Juventus launches merchandise sales online in HK (08-04 21:34)
JP Morgan names new CEO for investment solutions business (08-04 21:17)
Arts hub begins trial run of outdoor performances (08-04 21:07)
June residential deals fall by 30.8pc (08-04 20:41)
Vietnam poultry products banned (08-04 20:35)
Athletes back home from Special Olympics with 112 medals (08-04 20:31)
Super typhoon Soudelor churns off Okinawa (08-04 20:25)
Lawmaker Helena Wong questions water test credibility (08-04 14:03)
David Trezeguet in HK to launch Juventus online store (08-03 20:38)
Orchestra performs tribute to composer Liu Tianhua (08-03 19:45)

More breaking news >>

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