Powerlong Commercial Management Holdings Ltd has announced a further adjournment of the hearing date for the liquidation application against its direct holding company, Powerlong Real Estate (BVI) Holdings Limited. Initially filed in a British Virgin Islands court, the hearing has now been rescheduled to 17 November 2025, or the next available date before 4 December 2025, following a consent order agreed upon by the parties involved. The company assures stakeholders that it will closely monitor the situation and advises caution for holders and potential investors dealing with its securities. The announcement was made by Hoi Wa Fong, Chairman of the Board, which comprises one executive director and several non-executive and independent non-executive directors.
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