Asia Television Holdings Limited (Stock Code: 707) submitted an application on 17 October 2025 (Cayman Islands time) for the appointment of joint provisional liquidators (JPLs), accompanied by a winding-up petition, to the Grand Court of the Cayman Islands. The company is currently awaiting the assignment of a judge for a formal filing of both the JPL application and the petition.

The company considers this move to be in the overall best interest of its shareholders and creditors. Under the application, the proposed JPLs are expected to formulate a viable restructuring plan, continue business operations, liaise with relevant regulators and authorities to meet necessary listing requirements, and conduct investigations into the company’s affairs.

Trading in the shares of Asia Television Holdings Limited has been suspended since 9:00 a.m. on 11 August 2025 and will remain suspended until further notice. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.