Sino Oil & Gas Holdings Appoints Liquidators Amid Trading Suspension

Tip Ranks
2025.10.10 08:40
portai
I'm PortAI, I can summarize articles.

Sino Oil & Gas Holdings Ltd. has appointed joint liquidators following a winding-up order amid ongoing financial difficulties. The company has relocated its principal office to Quarry Bay, Hong Kong, and is currently suspended from trading on the Hong Kong Stock Exchange. These developments necessitate caution among shareholders and investors. The current market cap is HK$113.7M, with a technical sentiment signal indicating a 'Sell' recommendation.

Sino Oil & Gas Holdings Ltd. ( (HK:0702) ) has shared an update.

Sino Oil & Gas Holdings Limited, currently in liquidation, has announced the appointment of joint and several liquidators following a winding-up order. The company has also changed its principal place of business to Quarry Bay, Hong Kong, and continues to experience a suspension of trading on the Hong Kong Stock Exchange. These developments indicate ongoing financial difficulties and restructuring efforts, impacting stakeholders and requiring caution among shareholders and investors.

More about Sino Oil & Gas Holdings Ltd.

Technical Sentiment Signal: Sell

Current Market Cap: HK$113.7M

Learn more about 0702 stock on TipRanks’ Stock Analysis page.

Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
© 2025 Longbridge｜Disclaimer