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K. H. Group's Unit Faces Winding-Up Petition Over Non-Payment of Legal Costs
Sword Rainbow Group (01557.HK) subsidiary faces liquidation petition involving a debt of 2.1 million yuan.
K.H. GP HLDGS (01557.HK) announced that on January 27, Ince & Co (the petitioner) submitted a winding-up petition against the company's wholly-owned subsidiary K.H. GP HLDGS on the ground of approximately 2.1 million yuan of outstanding legal fees and interest. The hearing is scheduled for April 2. Currently, the group has sufficient financial resources to settle the outstanding amounts claimed, and the petition will not have a significant adverse impact on the group's financial performance, financial condition, and business operations.
K.H. GP HLDGS (01557): Fong Sheng Financing has been appointed as the independent financial advisor.
K.H. GP HLDGS (01557) announced that on January 27, 2025, Fengsheng Financing Limited (according to...
K.H. GP HLDGS (01557): Wang Bo, Independent Non-Executive Director.
K.H. GP HLDGS (01557) announced that Wang Bo has resigned as an independent non-executive Director and Audit Committee member due to Other work...
Winding Up Petition Against K.H. Group's Unit Dismissed After Consent Summons Filed
K.H. GP HLDGS (01557): The court has revoked the application against K.H. GP HLDGS's foundation.
K.H. GP HLDGS (01557) announced that the company has signed a consent summons with the alternative applicant and submitted it to the court...