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DVD maker Swing Media suspends trading

This comes after creditor demands for HK$58.3m put at risk the firm's ability to continue as a going concern

Published Tue, Jul 11, 2017 · 09:50 PM

Singapore

SWING Media Technology is going from beef to potential bankruptcy.

The mainboard-listed Hong Kong DVD maker said on Tuesday evening that it has converted its trading halt last Thursday to a suspension, after creditor demands for HK$58.3 million (S$10.3 million) put at risk the company's ability to continue as a going concern.

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