Thursday, November 27, 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:
Police slams attempts to occupy Portland Street (11-26 18:04)
Hong Kong needs universal suffrage, says Zeman (11-26 17:33)
Shuffles of government officials (11-26 17:11)
18 Jockey Club employees charged for fraud (11-26 16:47)
Movement leaders, barricades in Mongkok cleared (11-26 16:25)
Albert Chan kicked out of LegCo over police speech (11-26 16:08)
'Police will stay alert to prevent more trouble' (11-26 15:46)
New relics found at To Kwa Wan MTR site (11-26 15:45)
New concourse is on schedule, says airport chief (11-25 18:40)
Rights activist warns against police gloves (11-25 18:30)

More breaking news >>

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