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CDW Holding Ltd To Commence Members' Voluntary Liquidation Of Crystal Display Components (Suzhou) Co., Ltd.

Friday, 25 Jan 2013 04:30am EST 

CDW Holding Ltd announced that in reference to Company's previous announcements dated November 14, 2011, and August 1, 2012, and its Circular dated October 3, 2012, regarding the disposal by its wholly owned subsidiary, Crystal Display Components (Suzhou) Co., Ltd. (CD Suzhou), of its factory premises in Mu Du Town, Suzhou, The People's Republic of China to the management committee of the Mu Du Economic Development Zone (the Authority), as a follow up announcement, the Company intends to terminate CD Suzhou's business operations which comprise the metal stamping business in the third quarter this year in preparation of surrendering the land and buildings to the Authority at the of 2013. The Company also announced that, with the termination of the business of CD Suzhou, it intends to commence a members' voluntary liquidation of CD Suzhou. 

Company Quote

18 Dec 2014