K. H. Foundations Limited, a wholly-owned subsidiary of K. H. Group Holdings Limited, is currently embroiled in legal proceedings related to a winding-up petition. Originally filed by Ince & Co, the petition was dismissed by the court. However, King Topwell International Limited, a supporting creditor, successfully applied to substitute the original petitioner and has been granted permission to file an amended petition. This amended petition concerns unpaid invoices amounting to approximately HK$2.7 million. The hearing for the amended petition has been rescheduled for 16 July 2025. The company is committed to keeping its shareholders and investors updated on any significant developments related to this matter.
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. K. H. Group Holdings Limited published the original content used to generate this news brief on May 21, 2025, and is solely responsible for the information contained therein.