Chiho Environmental Ends Legal Dispute After Scholz Group Disposal; HKEX Listing Still Suspended

Bulletin Express

Aug 19

Chiho Environmental Group Limited (Chiho Environmental, HKEX: 00976) has withdrawn its legal action against the receivers appointed over certain subsidiaries, filing a Notice of Discontinuance with Hong Kong’s High Court on 19 August 2026.

The discontinued proceedings stemmed from a US$0.30 billion syndicated term loan inked in July 2018. Following a payment default in April 2024, receivers were appointed in May 2025, leading to a series of writs and, ultimately, the disposal of the Scholz Group on 31 July 2026. Subsequent discussions between Chiho Environmental and the receivers have now produced agreement to end the court case.

The Board states that terminating the litigation serves the best interests of the company and shareholders. Management will continue consulting advisers and seek further details from the receivers regarding the completed Scholz Group transaction.

Trading in Chiho Environmental’s shares has been halted since 1 April 2025 and will remain suspended pending fulfilment of resumption guidance from the Hong Kong Stock Exchange. The company pledges to issue additional announcements in accordance with listing requirements.

As of 19 August 2026, the Board comprises Executive Directors Fu Tao (Chairman), Chu Yuejiang, Yao Xiang, Yang Wei and Zhou Shuli, alongside Independent Non-Executive Directors Ng Man Fung Walter, Wu Jian and Choi Wai Hong Clifford.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/1119716806"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1119716806\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1119716806?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-19 22:27","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1119716806","market":"us","top_or_hot":-1,"title":"Chiho Environmental Ends Legal Dispute After Scholz Group Disposal; HKEX Listing Still Suspended","media":"Bulletin Express","content":"<p>Chiho Environmental Group Limited (Chiho Environmental, HKEX: 00976) has withdrawn its legal action against the receivers appointed over certain subsidiaries, filing a Notice of Discontinuance with Hong Kong’s High Court on 19 August 2026.</p>\n<p>The discontinued proceedings stemmed from a US$0.30 billion syndicated term loan inked in July 2018. Following a payment default in April 2024, receivers were appointed in May 2025, leading to a series of writs and, ultimately, the disposal of the Scholz Group on 31 July 2026. Subsequent discussions between Chiho Environmental and the receivers have now produced agreement to end the court case.</p>\n<p>The Board states that terminating the litigation serves the best interests of the company and shareholders. Management will continue consulting advisers and seek further details from the receivers regarding the completed Scholz Group transaction.</p>\n<p>Trading in Chiho Environmental’s shares has been halted since 1 April 2025 and will remain suspended pending fulfilment of resumption guidance from the Hong Kong Stock Exchange. The company pledges to issue additional announcements in accordance with listing requirements.</p>\n<p>As of 19 August 2026, the Board comprises Executive Directors Fu Tao (Chairman), Chu Yuejiang, Yao Xiang, Yang Wei and Zhou Shuli, alongside Independent Non-Executive Directors Ng Man Fung Walter, Wu Jian and Choi Wai Hong Clifford.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chiho Environmental Ends Legal Dispute After Scholz Group Disposal; HKEX Listing Still Suspended</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChiho Environmental Ends Legal Dispute After Scholz Group Disposal; HKEX Listing Still Suspended\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-08-19 22:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Chiho Environmental Group Limited (Chiho Environmental, HKEX: 00976) has withdrawn its legal action against the receivers appointed over certain subsidiaries, filing a Notice of Discontinuance with Hong Kong’s High Court on 19 August 2026.</p>\n<p>The discontinued proceedings stemmed from a US$0.30 billion syndicated term loan inked in July 2018. Following a payment default in April 2024, receivers were appointed in May 2025, leading to a series of writs and, ultimately, the disposal of the Scholz Group on 31 July 2026. Subsequent discussions between Chiho Environmental and the receivers have now produced agreement to end the court case.</p>\n<p>The Board states that terminating the litigation serves the best interests of the company and shareholders. Management will continue consulting advisers and seek further details from the receivers regarding the completed Scholz Group transaction.</p>\n<p>Trading in Chiho Environmental’s shares has been halted since 1 April 2025 and will remain suspended pending fulfilment of resumption guidance from the Hong Kong Stock Exchange. The company pledges to issue additional announcements in accordance with listing requirements.</p>\n<p>As of 19 August 2026, the Board comprises Executive Directors Fu Tao (Chairman), Chu Yuejiang, Yao Xiang, Yang Wei and Zhou Shuli, alongside Independent Non-Executive Directors Ng Man Fung Walter, Wu Jian and Choi Wai Hong Clifford.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00976","symbol_name":"齐合环保","start_time":0,"source_url":"","article_id":"1119716806","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1119716806","pubTimestamp":1787149659,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"Chiho Environmental Group Limited (Chiho Environmental, HKEX: 00976) has withdrawn its legal action against the receivers appointed over certain subsidiaries, filing a Notice of Discontinuance with...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00976":"齐合环保"},"translate_title":"朔尔茨集团处置后，Chiho Environment 结束法律纠纷；港交所上市仍暂停","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00976":1},"content_text":"Chiho Environmental Group Limited (Chiho Environmental, HKEX: 00976) has withdrawn its legal action against the receivers appointed over certain subsidiaries, filing a Notice of Discontinuance with Hong Kong’s High Court on 19 August 2026.\nThe discontinued proceedings stemmed from a US$0.30 billion syndicated term loan inked in July 2018. Following a payment default in April 2024, receivers were appointed in May 2025, leading to a series of writs and, ultimately, the disposal of the Scholz Group on 31 July 2026. Subsequent discussions between Chiho Environmental and the receivers have now produced agreement to end the court case.\nThe Board states that terminating the litigation serves the best interests of the company and shareholders. Management will continue consulting advisers and seek further details from the receivers regarding the completed Scholz Group transaction.\nTrading in Chiho Environmental’s shares has been halted since 1 April 2025 and will remain suspended pending fulfilment of resumption guidance from the Hong Kong Stock Exchange. The company pledges to issue additional announcements in accordance with listing requirements.\nAs of 19 August 2026, the Board comprises Executive Directors Fu Tao (Chairman), Chu Yuejiang, Yao Xiang, Yang Wei and Zhou Shuli, alongside Independent Non-Executive Directors Ng Man Fung Walter, Wu Jian and Choi Wai Hong Clifford.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}