Court orders CMR liquidation to continue

Aug 05, 2013 | 01:47 PM | Claire Hack

Tags  China Metal Recycling, CMR, scrap, Hong Kong court, Securities and Futures Commission, SFC, Chun Chi Wai, Fung Ka Lun Wellrun

LONDON — The Hong Kong Court of First Instance has ordered a continuation in proceedings on the appointment of provisional liquidators for China Metal Recycling (Holdings) Ltd. (CMR) until it makes a further order.

CMR failed to appear at an Aug. 2 hearing to oppose the appointment of the provisional liquidators, the Hong Kong Securities and Futures Commission (SFC) said.....

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