Asia Television Holdings Limited (“the Company”) has announced that the hearing for its application to appoint Joint Provisional Liquidators (JPLs) is scheduled for 2 p.m. on Friday, 24 October 2025 (Cayman Islands time) before the Grand Court. The proposed JPLs would be empowered to formulate a viable restructuring plan, continue the Company’s business, engage with regulators and authorities, fulfill listing requirements as necessary, and investigate the Company’s affairs.

According to the Company, the purpose of appointing JPLs is to entrust business operations and corporate affairs to independent professional officers, thereby preserving and protecting the interests of the Company, its shareholders, and creditors. The Company believes that this step serves the best interest of stakeholders overall.

Trading in the Company’s shares on The Stock Exchange of Hong Kong Limited has been suspended since 9:00 a.m. on 11 August 2025 and will remain suspended until further notice. Further updates will be provided as developments arise.