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2022-01-11 14:06
01:00 AM EST, 01/11/2022 (MT Newswires) -- Certain solicitors sent a statutory demand to GT Group Holdings (HKG:0263) on Jan 6. to seek $62.7 million in payments for an unpaid bond plus accrued interests owed to an unnamed creditor, according to a late Monday filing.
The securities broker could face a winding-up case should it fail to settle its debt within three weeks.
GT said it will negotiate with the creditor regarding the debt restructuring plan.
Trading in GT shares has been suspended since April 1, 2021.