KEYNE LTD (00009): Winding-up Petition Hearing Against Company Further Adjourned

Stock News

09/03

KEYNE LTD (00009) announced that the company has received a note from the High Court regarding the withdrawal of the winding-up petition against the company's subsidiary Mandarin Films Limited (the second petition). Upon application by the petitioner's lawyers, the court has approved the petitioner's withdrawal of the second petition. On September 3, 2025, the petitioner and the company jointly signed and submitted a consent summons to the High Court to formally withdraw the second petition. At the High Court hearing on September 3, 2025, the High Court ordered that the hearing for the winding-up petition against the company (the first petition) be further adjourned to October 15, 2025.

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Upon application by the petitioner's lawyers, the court has approved the petitioner's withdrawal of the second petition. On September 3, 2025, the petitioner and the company jointly signed and submitted a consent summons to the High Court to formally withdraw the second petition. 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