HUSCOKE HLDGS (00704) announced details regarding the winding-up petition filed against the company by China Cinda (HK) Asset Management Co., Ltd. On January 12, 2026, the company entered into a supplemental agreement with China Cinda (HK) Asset Management Co., Ltd. (Cinda HK) and/or its subsidiaries; a share pledge agreement; a charge and arrangement deed; and an escrow agreement. Under these terms, Cinda HK agreed to settle the petition, accepting pledges of shares in the company's subsidiaries and receivables as collateral under the supplemental agreement, thereby extending the Cinda loan for two years from the agreement's effective date. All agreements have been executed, and Cinda HK confirmed the withdrawal of the winding-up petition from the Hong Kong High Court today.