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*ST Asia Pacific announced that the company received a “Notice” from Guangzhou Wanshun, the controlling shareholder, and decided to exempt the total principal and interest of the company's debts of 75 million yuan. This exemption is unilateral, unconditional, and irrevocable. Guangzhou Wanshun is controlled by Chen Zhijian and Chen Shaofeng and holds 53,011,595 voting shares of the company, accounting for 16.40% of the total share capital. After this exemption, the company's other accounts payable will be reduced by 75 million yuan, and the capital reserve will increase accordingly. Furthermore, due to the negative net assets of the company at the end of 2024 and the restructuring application was accepted, a stock delisting risk warning has been implemented. If the restructuring fails, there is a risk of bankruptcy and termination of listing.

Zhitongcaijing·12/09/2025 12:01:13
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*ST Asia Pacific announced that the company received a “Notice” from Guangzhou Wanshun, the controlling shareholder, and decided to exempt the total principal and interest of the company's debts of 75 million yuan. This exemption is unilateral, unconditional, and irrevocable. Guangzhou Wanshun is controlled by Chen Zhijian and Chen Shaofeng and holds 53,011,595 voting shares of the company, accounting for 16.40% of the total share capital. After this exemption, the company's other accounts payable will be reduced by 75 million yuan, and the capital reserve will increase accordingly. Furthermore, due to the negative net assets of the company at the end of 2024 and the restructuring application was accepted, a stock delisting risk warning has been implemented. If the restructuring fails, there is a risk of bankruptcy and termination of listing.