Willis Trading Faces Loan Default Amidst Arbitration Update from Alpha Professional Holdings Ltd

Reuters
06-20
Willis Trading Faces Loan Default Amidst Arbitration Update from Alpha Professional Holdings Ltd

Alpha Professional Holdings Ltd has issued an update regarding its subsidiary, Alice Trading, which is facing operational challenges due to the termination of its business relationship with its former sole supplier, Bubs Australia. As a result, Alice Trading has scaled down its operations and currently holds minimal assets. Additionally, Willis Trading, another subsidiary, is experiencing financial difficulties as its main asset, an investment property in New South Wales, Australia, is mortgaged for a loan that is now in default. The Board of Alpha Professional Holdings expects that these issues will not significantly impact the operations of the Group's other subsidiaries. The company is actively seeking legal advice and considering measures to protect shareholder interests, with further updates to be provided as developments occur.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alpha Professional Holdings Ltd published the original content used to generate this news brief on June 20, 2025, and is solely responsible for the information contained therein.

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