Road King Faces Liquidation Application Over US$441 Million Debt

Reuters

2025/11/21

Road King Faces Liquidation Application Over US$441 Million Debt

Road King Infrastructure Limited has announced that a liquidation application was filed on 20 November 2025 against its wholly-owned subsidiary, New Select Global Limited, in the High Court of Justice of the Virgin Islands. The application concerns notes with an alleged outstanding principal amount of US$441.6 million plus accrued interest, for which New Select is a guarantor. The company stressed that, as of the announcement date, no liquidation order has been granted and the application does not represent a successful winding-up of New Select. Road King Infrastructure Limited's board believes the application has no material adverse impact on the group's overall business operations or financial position. The company is seeking legal advice and will continue to engage with the petitioner while keeping shareholders informed of significant developments. Stakeholders are advised to exercise caution when dealing in the company's securities.

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. Road King Infrastructure Limited published the original content used to generate this news brief on November 21, 2025, and is solely responsible for the information contained therein.

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2585113002"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2585113002\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2585113002?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-21 16:58","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2585113002","market":"nz","top_or_hot":-1,"title":"Road King Faces Liquidation Application Over US$441 Million Debt","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Road King Faces Liquidation Application Over US$441 Million Debt\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/RKGXF\">Road King Infrastructure</a> Limited has announced that a liquidation application was filed on 20 November 2025 against its wholly-owned subsidiary, New Select Global Limited, in the High Court of Justice of the Virgin Islands. The application concerns notes with an alleged outstanding principal amount of US$441.6 million plus accrued interest, for which New Select is a guarantor. The company stressed that, as of the announcement date, no liquidation order has been granted and the application does not represent a successful winding-up of New Select. <a href=\"https://laohu8.com/S/RKGXY\">Road King Infrastructure</a> Limited's board believes the application has no material adverse impact on the group's overall business operations or financial position. The company is seeking legal advice and will continue to engage with the petitioner while keeping shareholders informed of significant developments. Stakeholders are advised to exercise caution when dealing in the company's securities.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. Road King Infrastructure Limited published the original content used to generate this news brief on November 21, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Road King Faces Liquidation Application Over US$441 Million Debt</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoad King Faces Liquidation Application Over US$441 Million Debt\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-11-21 16:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Road King Faces Liquidation Application Over US$441 Million Debt\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/RKGXF\">Road King Infrastructure</a> Limited has announced that a liquidation application was filed on 20 November 2025 against its wholly-owned subsidiary, New Select Global Limited, in the High Court of Justice of the Virgin Islands. The application concerns notes with an alleged outstanding principal amount of US$441.6 million plus accrued interest, for which New Select is a guarantor. The company stressed that, as of the announcement date, no liquidation order has been granted and the application does not represent a successful winding-up of New Select. <a href=\"https://laohu8.com/S/RKGXY\">Road King Infrastructure</a> Limited's board believes the application has no material adverse impact on the group's overall business operations or financial position. The company is seeking legal advice and will continue to engage with the petitioner while keeping shareholders informed of significant developments. Stakeholders are advised to exercise caution when dealing in the company's securities.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. Road King Infrastructure Limited published the original content used to generate this news brief on November 21, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1567","symbol_name":"公路及铁路股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251121:nNDL1bJSPw:1","article_id":"2585113002","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2585113002","pubTimestamp":1763715491,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Road King Infrastructure Limited has announced that a liquidation application was filed on 20 November 2025 against its wholly-owned subsidiary, New Select Global Limited, in the High Court of Justice of the Virgin Islands. The application concerns notes with an alleged outstanding principal amount of US$441.6 million plus accrued interest, for which New Select is a guarantor. The company stressed that, as of the announcement date, no liquidation order has been granted and the application does not represent a successful winding-up of New Select. Road King Infrastructure Limited's board believes the application has no material adverse impact on the group's overall business operations or financial position. The company is seeking legal advice and will continue to engage with the petitioner while keeping shareholders informed of significant developments. Stakeholders are advised to exercise caution when dealing in the company's securities.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1567":"公路及铁路股","BK1148":"建筑与工程","00610":"惠记集团","BK1240":"房地产开发","01098":"路劲"},"translate_title":"路劲4.41亿美元债务面临清算申请","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00610":0.9,"01098":0.9},"content_text":"Road King Faces Liquidation Application Over US$441 Million Debt\n    \n\nRoad King Infrastructure Limited has announced that a liquidation application was filed on 20 November 2025 against its wholly-owned subsidiary, New Select Global Limited, in the High Court of Justice of the Virgin Islands. The application concerns notes with an alleged outstanding principal amount of US$441.6 million plus accrued interest, for which New Select is a guarantor. The company stressed that, as of the announcement date, no liquidation order has been granted and the application does not represent a successful winding-up of New Select. Road King Infrastructure Limited's board believes the application has no material adverse impact on the group's overall business operations or financial position. The company is seeking legal advice and will continue to engage with the petitioner while keeping shareholders informed of significant developments. Stakeholders are advised to exercise caution when dealing in the company's securities.\n      \n\nDisclaimer: 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. Road King Infrastructure Limited published the original content used to generate this news brief on November 21, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"economic,event","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}