Wednesday, November 25, 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:
HKU panel begins search for managerial candidate (11-25 11:05)
Lau Kong-wah visits HK affairs office in Beijing (11-24 17:04)
Transport chief takes HK logistics message to Seoul (11-24 17:02)
Winter chill set to descend on city (11-24 15:53)
113 of 189 new HIV infections linked to gay or bisexual contact (11-24 13:33)
HKU seeks longer court ban on leaks (11-24 13:27)
Leung warms up to young politicians (11-24 12:04)
Fitness trainer jailed for credit card data thefts (11-23 20:10)
Democracy desire remains strong, says Civic Party (11-23 18:17)
French school adopts flexible layouts for new campus (11-23 18:00)

More breaking news >>

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