AM Group Holdings (1849) Updates on 2025 Legal Action; Trading Remains Suspended

Bulletin Express
2025/11/10

AM Group Holdings Limited (Stock Code: 1849) issued an update on a legal action commenced in 2025 (the “2025 Legal Action”) by Show Times CQ Technology, a subsidiary of the company in the PRC, against a plaintiff and the controlling shareholder Activa. According to the announcement, the writ and statement of claim were served on Activa on 31 October 2025, and Activa indicated it would defend the claim vigorously.

The company noted that the 2025 Legal Action was brought without its prior written approval. It also emphasized that the company is not a party to the 2025 Legal Action or a similar action from 2024.

Additionally, the announcement reiterated the continued suspension of trading in the company’s shares since 24 September 2024, which remains in effect until all conditions specified in the Resumption Guidance are met. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.

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