HK CHINESE LTD (00655) has issued an announcement regarding the Singapore High Court General Division's ruling that awarded the bank total compensation of approximately S$17.7 million. Following these disclosures, the company's Board of Directors wishes to inform its shareholders and potential investors that the joint venture company has now notified it that the bank has filed an appeal with the Singapore High Court Appellate Division, contesting the compensation amount awarded by the General Division. The appeal hearing is scheduled for May 2026. The company anticipates that the outcome of the appeal will not have a material impact on the Group's asset value or financial position, but it may affect its operational performance. The specific nature of this impact cannot be determined at this stage. The actual financial effect to be recorded by the Group is subject to review and final verification by the company's auditors.