Pan Asia Data Holdings Inc. (the Company) announced that the Hong Kong High Court has adjourned the winding-up petition hearing to 24 June 2026. The decision, made at the joint request of both the Company and the petitioner during the 8 April 2026 session, means no winding-up order has been granted to date.
Management disclosed that amicable settlement discussions with the petitioner are ongoing. Further announcements will be issued to update shareholders and potential investors on any material developments.
The Company reiterates that shareholders and potential investors should exercise caution when dealing in its shares.