META DATA LIMITED - NOTICE OF APPOINTMENT OF JOINT OFFICIAL LIQUIDATORS
Meta Data (formerly OneSmart International Education Group), trading under AIU, has been placed into Official Liquidation in the Cayman Islands. By order of the Grand Court on August 7, 2024, the company will be wound up under the Cayman Islands Companies Act. PwC's Simon Richard Conway, Yat Kit Jong, and Ka Yee Annette Lee have been appointed Joint Official Liquidators. The company's registered office is now PO Box 258, 18 Forum Lane, Grand Cayman KY1-1104.
NYSE trading of the company's shares was halted on August 13, 2024. Share transactions after August 7, 2024, require a validation order from the Cayman Islands Court. The Liquidators are currently investigating the company's financial status and will provide further disclosures in due course. As per Cayman Islands law, equity holders rank behind unsecured creditors concerning payment.
Dati Meta (precedentemente OneSmart International Education Group), operante sotto il nome di AIU, è stata posta in Liquidazione Ufficiale nelle Isole Cayman. In base all'ordine del Grand Court del 7 agosto 2024, la società sarà chiusa ai sensi della Companies Act delle Isole Cayman. Simon Richard Conway, Yat Kit Jong e Ka Yee Annette Lee di PwC sono stati nominati Liquidatori Ufficiali Congiunti. L'ufficio registrato della società è ora PO Box 258, 18 Forum Lane, Grand Cayman KY1-1104.
Il trading delle azioni della società su NYSE è stato sospeso il 13 agosto 2024. Le transazioni azionarie dopo il 7 agosto 2024 richiedono un'ordinanza di convalida del tribunale delle Isole Cayman. I liquidatori stanno attualmente investigando lo stato finanziario della società e forniranno ulteriori informazioni a tempo debito. Secondo la legge delle Isole Cayman, i detentori di capitale hanno una posizione subordinata rispetto ai creditori non garantiti per quanto concerne i pagamenti.
Datos Meta (anteriormente OneSmart International Education Group), que opera bajo el nombre de AIU, ha sido puesta en Liquidación Oficial en las Islas Caimán. Por orden del Gran Tribunal del 7 de agosto de 2024, la empresa será liquidada bajo la Ley de Sociedades de las Islas Caimán. Simon Richard Conway, Yat Kit Jong, y Ka Yee Annette Lee de PwC han sido nombrados Liquidador Oficial Conjunto. La oficina registrada de la empresa ahora es PO Box 258, 18 Forum Lane, Grand Cayman KY1-1104.
El comercio de acciones de la empresa en NYSE se detuvo el 13 de agosto de 2024. Las transacciones de acciones después del 7 de agosto de 2024 requieren una orden de validación del tribunal de las Islas Caimán. Los liquidador están investigando actualmente el estado financiero de la empresa y proporcionarán más divulgaciones a su debido tiempo. Según la ley de las Islas Caimán, los tenedores de acciones tienen un rango inferior al de los acreedores no garantizados en cuanto a los pagos.
메타 데이터 (이전의 OneSmart International Education Group)는 AIU라는 이름으로 카리브해 제도에 있는 케이맨 제도에서 공식 청산을 시작했습니다. 2024년 8월 7일에 발효된 대법원 명령에 따라 회사는 케이맨 제도의 회사법에 따라 청산될 예정입니다. PwC의 Simon Richard Conway, Yat Kit Jong 및 Ka Yee Annette Lee가 공동 공식 청산인으로 임명되었습니다. 회사의 등록 사무소는 현재 PO Box 258, 18 Forum Lane, Grand Cayman KY1-1104입니다.
회사의 주식 거래는 NYSE에서 2024년 8월 13일에 중단되었습니다. 2024년 8월 7일 이후의 주식 거래는 케이맨 제도의 법원에서 발급한 유효성 확인 명령이 필요합니다. 청산인들은 현재 회사의 재무 상태를 조사하고 있으며, 적절한 시점에 추가 공개를 제공할 것입니다. 케이맨 제도 법에 따르면, 주주들은 지급에 관한 한 무담보 채권자보다 후순위로 간주됩니다.
Données Meta (anciennement OneSmart International Education Group), opérant sous le nom de AIU, a été placée en Liquidation Officielle dans les Îles Caïmans. Par ordonnance du Grand Tribunal en date du 7 août 2024, la société sera liquidée conformément à la Loi sur les Sociétés des Îles Caïmans. Simon Richard Conway, Yat Kit Jong et Ka Yee Annette Lee de PwC ont été nommés Liquidateurs Officiels Conjoints. Le bureau enregistré de la société est maintenant PO Box 258, 18 Forum Lane, Grand Cayman KY1-1104.
La négociation des actions de la société sur le NYSE a été interrompue le 13 août 2024. Les transactions d'actions après le 7 août 2024 nécessitent une ordonnance de validation du tribunal des Îles Caïmans. Les liquidateurs examinent actuellement la situation financière de la société et fourniront de plus amples informations en temps utile. Selon la loi des Îles Caïmans, les déteneurs de capitaux sont classés après les créanciers non garantis en ce qui concerne les paiements.
Metadaten (ehemals OneSmart International Education Group), die unter AIU handelt, wurde in den offiziellen Konkurs in den Kaimaninseln versetzt. Auf Anordnung des Grand Court vom 7. August 2024 wird das Unternehmen gemäß dem Companies Act der Kaimaninseln abgewickelt. Simon Richard Conway, Yat Kit Jong und Ka Yee Annette Lee von PwC wurden zu gemeinsamen offiziellen Liquidatoren ernannt. Das eingetragene Büro des Unternehmens befindet sich jetzt in der PO Box 258, 18 Forum Lane, Grand Cayman KY1-1104.
Der Handel mit den Aktien des Unternehmens an der NYSE wurde am 13. August 2024 eingestellt. Aktiengeschäfte nach dem 7. August 2024 benötigen eine Validierungsanordnung des Kaimaninseln-Gerichts. Die Liquidatoren untersuchen derzeit die finanzielle Situation des Unternehmens und werden zu gegebener Zeit weitere Informationen bereitstellen. Nach dem Recht der Kaimaninseln stehen die Eigenkapitalinhaber in Bezug auf Zahlungen hinter ungesicherten Gläubigern.
- None.
- Company placed into Official Liquidation by the Grand Court of the Cayman Islands.
- Trading of shares halted by the NYSE as of August 13, 2024.
- Equity holders rank behind unsecured creditors in the priority of payments.
- No acquisition or disposal of shares valid without a validation order from the Cayman Islands Court.
- Future financial prospects remain uncertain pending investigation.
Grand Cayman, Cayman Islands, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Meta Data Limited (Previously known as OneSmart International Education Group Limited (精銳國際教育集團有限公司) (In Official Liquidation) (the “Company”), with New York Stock Exchange trading symbol “AIU”, has been placed into Official Liquidation in the Cayman Islands.
By order of the Grand Court of the Cayman Islands, made on 7 August 2024, the Company, with registration number 320611, whose registered office was situated at Ugland House, Grand Cayman, KY1-1104, Cayman Islands, was ordered to be wound up in accordance with the Cayman Islands Companies Act.
Mr. Simon Richard Conway of PwC Corporate Finance & Recovery (Cayman) Limited, P.O. Box 258, 18 Forum Lane, Camana Bay, P.O. Box 258 Grand Cayman, Cayman Islands, KY1-1104, together with Mr. Yat Kit Jong and Ka Yee Annette Lee of PricewaterhouseCoopers Limited, 20/F Prince’s Building, Central, Hong Kong have been appointed as Joint Official Liquidators of the Company. Subsequently, the registered office of the Company has been changed to PO Box 258, 18 Forum Lane, Grand Cayman KY1-1104.
Trading of the shares in the Company has been halted by the NYSE as of 13 August 2024, following receipt of notice of the appointment of the Joint Official Liquidators and it should be noted that, pursuant to section 99 of the Cayman Islands Companies Act 2022 and Order 19, Rule 4 of the Cayman Islands Companies Winding Up Rules 2018, acquisitions and disposals of the shares in a company subject to a winding up order are only permissible subject to the provision of a validation order from the Cayman Islands Court, on request of a company’s liquidators.
Consequently, by virtue of the Joint Official Liquidators’ appointment, no acquisition or disposal of the Company’s shares on the NYSE, from 7 August 2024 will be considered valid, unless otherwise agreed to by the Joint Official Liquidators and subsequently, sanctioned by Cayman Islands Court.
The Joint Official Liquidators advise that they are in the process of investigating the Company’s financial position and are not presently able to comment on its future prospects.
Further disclosures will be made in due course; however, it should be noted that the liquidation of the Company represents a formal insolvency process and that, pursuant to Cayman Islands law, ordinary equity holders rank behind unsecured creditors in the statutory priority of payments, in the event that distributable assets are recovered.
Contact for enquiries: +1 345 914 8743
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