Sunways AG

Preliminary insolvency proceedings have been instituted - Seite 2

About Schleich & Kollegen Main activities are insolvency administration, reorganization and restructuring advice as well as legal advice on insolvency for partners, managers and creditors and, in particular, suppliers and banks. Schleich & Kollegen are regularly appointed as insolvency administrators and trustees by the district courts of Hechingen, Konstanz, Lörrach, Offenburg, Rottweil, Ulm, Villingen-Schwenningen. In insolvency proceedings, Schleich & Kollegen put the focus on the restructuring of the company to obtain the core business in the long term, in the interests of creditors and employees. For cross-border cases, Schleich & Kollegen have a well established network, either in the members of the Schrade International EEIG in France, Austria, Germany and Poland, or in other partner firms, particularly in Switzerland and other EU Member States. http://www.schleich-kollegen.de

Contact Schleich & Kollegen Florian Götz Max-Planck-Straße 11 D-78052 Villingen-Schwenningen Phone [phone] [e-mail]

Contact Hoong Khoeng Cheong Chairman of the Management Board/CEO Phone [phone] Fax [phone] [e-mail]

You find this press release also at http://www.sunways.eu/en.

Forward-looking statements This press release contains statements relating to the future business development of Sunways AG that are based on management assumptions and estimates made at the time of publication. Should the assumptions underlying the prognoses fail to be fulfilled, actual events may vary substantially from forward-looking statements. Uncertainties include changes in the political, legal, economic and business environment, exchange and interest rate fluctuations as well as the behaviour of competitors and other market participants. Sunways does not intend and is not under any obligation to update forward-looking statements on an ongoing basis as these are exclusively based on the circumstances prevailing as of the date of publication.



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emitter: Sunways AG address: Max-Stromeyer-Straße 160, 78467 Konstanz country: Germany contact person: Hoong Khoeng Cheong, Chairman of the Management Board/CEO phone: [phone] e-mail: [e-mail] website: www.sunways.de

ISIN(s): DE0007332207 (share) stock exchanges: regulated market in Frankfurt; free market in Stuttgart, free market in Munich, free market in Hamburg; open market in Dusseldorf, Berlin

[ source: http://www.pressetext.com/news/20140324015 ]