CySEC orders liquidation of fund, restricts shareholder voting rights

The Cyprus Securities and Exchange Commission (CySEC) announced the dissolution and liquidation of Wanterfell Investment AIFLNP V.C.I.C. Ltd following the total redemption of its units. The fund, which operated as an Alternative Investment Fund with Limited Number of Persons (AIFLNP), carried License Number LPAIF123/2014. CySEC explained that the dissolution was carried out under article 132(1)(d)…

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Voluntary liquidation of Cathay Cineplexes ‘not expected to adversely impact core businesses’: mm2 Asia, Singapore News

Cathay Cineplexes’ parent company, mm2 Asia, said that the voluntary liquidation of its cinema chain business is unlikely to have a major impact on its core businesses or continuing operations. In a bourse filing on Wednesday (Sept 3), the entertainment company responded to queries from the Singapore Exchange Regulation and said that the liquidation will…

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