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K.H. GP HLDGS: ANNOUNCEMENT OF ANNUAL RESULTSFOR THE YEAR ENDED 31 MARCH 2024
K. H. Group, Unit Face Winding-Up Petitions for Unpaid Debt
K. H. Group Holdings (HKG:1557) and K. H. Foundations were slapped with winding-up petitions filed in the High Court of Hong Kong, according to a Thursday filing on the Hong Kong Exchange. The Bank of
k.h. gp hldgs (01557.HK) received a liquidation petition.
On June 27th, Gelunhui reported that K.H. GP Hldgs(01557.HK) announced that the company has taken note that Bank of E Asia Limited ("Petitioner") has presented a winding-up petition against the company and its wholly-owned subsidiary Jianhong Foundations Limited ("Petition") pursuant to the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap. 32 of the Laws of Hong Kong)("CWUMPO"). The Petition is presented in respect of the alleged failure of the Company and Jianhong Foundations to repay a credit facility granted by the Petitioner to Jianhong Foundations in the principal amount of approximately HK$11.6 million and accrued interest.
Express News | K H Group - Petition in Relation to Non-Payment of Credit Facilities Granted by Petitioner to Khf of HK$11.6 Mln
Express News | K H Group Holdings Ltd - Company Will Actively Negotiate With Petitioner About a Practicable Settlement Plan
Express News | K H Group - Petitions Against Each of Company and K. H. Foundations
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