Borrelli Walsh (Cayman) Limited announces VisionChina Media Inc placed in Liquidation and Delisting

Borrelli Walsh (Cayman) Limited announces VisionChina Media Inc placed in Liquidation and Delisting Shares

ID: 530525

(Thomson Reuters ONE) -




GRAND CAYMAN, Cayman Islands, March 15, 2017 (GLOBE NEWSWIRE) -- The following
news is being issued by Borrelli Walsh (Cayman) Limited, representatives of
VisionChina Media Inc (NASDAQ:VISIN) ("Company") - the Company announces today
that by order of the Grand Court made on 2 March 2017, Margot MacInnis of
Borrelli Walsh (Cayman) Limited, G/F Harbour Place, 103 South Church Street,
George Town, Grand Cayman, Cayman Islands and Cosimo Borrelli of Borrelli Walsh
Limited of Level 17, Tower 1, Admiralty Centre, 18 Harcourt Road, Hong Kong have
been appointed as joint official liquidators of the Company ("Liquidators").

Further, pursuant to Section 99 of the Companies Law (2016 Revision) of the
Cayman Islands, once a winding up order has been made, any transfers of the
Company's shares made after the commencement of the winding up is void, unless
the Grand Court otherwise orders. Subsequent to the Grand Court's order on 2
March 2017, the trading of the Company's shares on the Nasdaq Stock Market has
been suspended and the Liquidators are in the process of delisting its
securities.

Contact for Enquiries:
Telephone: +1 345 743 8800
Email: sts(at)borrelliwalsh.com

Borrelli Walsh (Cayman) Limited
PO Box 30847
G/F Harbour Place
103 South Church Street
George Town, KY-1204
Grand Cayman
Cayman Islands





This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Borrelli Walsh (Cayman) Limited via GlobeNewswire






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Bereitgestellt von Benutzer: hugin
Datum: 15.03.2017 - 22:56 Uhr
Sprache: Deutsch
News-ID 530525
Anzahl Zeichen: 1939

contact information:
Town:

George Town



Kategorie:

Business News



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