|By Marketwired .||
|August 15, 2014 04:31 PM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 08/15/14 -- Hanfeng Evergreen Inc. ("Hanfeng" or the "Company") (TSX:HF) announced today that the previously announced hearing in front of the Ontario Superior Court of Justice scheduled to be heard earlier today has been adjourned and is now scheduled to be heard on August 20, 2014 at 10:00 a.m. (Toronto time) at the courthouse located at 330 University Avenue in Toronto, Ontario, Canada.
As announced on August 8, 2014, the purpose of the application to the Ontario Superior Court of Justice by the Company is for an order appointing Ernst & Young Inc. as receiver and manager over all of the assets of Hanfeng and for court approval of the sale of all of the shares of the Company's wholly-owned subsidiary Hanfeng Slow-Release Fertilizer (Heilongjiang) Co., Ltd. to Heilongjiang Pengcheng Fertilizer Co., Ltd.
Hanfeng Evergreen Inc.
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