Lio shares: The 0.68% stake held by Evidence Information will be auctioned off by the judiciary.
Liou Corporation announced that 45.7792 million shares of the company held by Traces Information Technology Co., Ltd. will be auctioned judicially, accounting for 0.68% of the total share capital of the company. This auction is due to Traces Information's failure to fulfill performance compensation obligations. The company has filed for arbitration with the Shanghai International Economic and Trade Arbitration Commission and has received support for the ruling. Currently, Traces Information is in the process of bankruptcy liquidation, with the risk of being unable to fulfill performance compensation obligations.
Latest
3 m ago

