Huscoke Holdings Ltd. Winding-Up Petition Hearing Adjourned to August 2025 Amid Ongoing Settlement Negotiations

Reuters

06/09

Huscoke Holdings Ltd. Winding-Up Petition Hearing Adjourned to August 2025 Amid Ongoing Settlement Negotiations

Huscoke Holdings Ltd. has announced an update regarding the winding-up petition filed against it by China Cinda (HK) Asset Management Co., Limited. The hearing, initially scheduled for June 9, 2025, has been postponed to August 25, 2025. Despite this adjournment, the Petitioner retains the right to restore the hearing with seven days' notice after June 2025. The company has actively engaged in negotiations with the Petitioner and reached an agreement on settlement terms, which is pending formal signing. The delay is due to the Petitioner, a preference shareholder in Whole Advance Limited, the controlling entity of Huscoke, adjusting the terms of its preference shares with Whole Advance. This adjustment, however, does not impact the settlement agreement between the Petitioner and Huscoke. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares. Further updates will be provided as developments occur.

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. Huscoke Holdings Ltd. published the original content used to generate this news brief on June 09, 2025, and is solely responsible for the information contained therein.

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Winding-Up Petition Hearing Adjourned to August 2025 Amid Ongoing Settlement Negotiations","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      Huscoke Holdings Ltd. Winding-Up Petition Hearing Adjourned to August 2025 Amid Ongoing Settlement Negotiations\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        Huscoke Holdings Ltd. has announced an update regarding the winding-up petition filed against it by China Cinda (HK) Asset Management Co., Limited. The hearing, initially scheduled for June 9, 2025, has been postponed to August 25, 2025. Despite this adjournment, the Petitioner retains the right to restore the hearing with seven days' notice after June 2025. The company has actively engaged in negotiations with the Petitioner and reached an agreement on settlement terms, which is pending formal signing. The delay is due to the Petitioner, a preference shareholder in Whole Advance Limited, the controlling entity of Huscoke, adjusting the terms of its preference shares with Whole Advance. This adjustment, however, does not impact the settlement agreement between the Petitioner and Huscoke. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares. Further updates will be provided as developments occur.\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. 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Winding-Up Petition Hearing Adjourned to August 2025 Amid Ongoing Settlement Negotiations\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\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 smaller\">2025-06-09 18:39</p>\n</div>\n</a>\n</h4>\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      Huscoke Holdings Ltd. Winding-Up Petition Hearing Adjourned to August 2025 Amid Ongoing Settlement Negotiations\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        Huscoke Holdings Ltd. has announced an update regarding the winding-up petition filed against it by China Cinda (HK) Asset Management Co., Limited. The hearing, initially scheduled for June 9, 2025, has been postponed to August 25, 2025. Despite this adjournment, the Petitioner retains the right to restore the hearing with seven days' notice after June 2025. The company has actively engaged in negotiations with the Petitioner and reached an agreement on settlement terms, which is pending formal signing. The delay is due to the Petitioner, a preference shareholder in Whole Advance Limited, the controlling entity of Huscoke, adjusting the terms of its preference shares with Whole Advance. This adjustment, however, does not impact the settlement agreement between the Petitioner and Huscoke. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares. Further updates will be provided as developments occur.\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. Huscoke Holdings Ltd. published the original content used to generate this news brief on June 09, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1156","symbol_name":"資產管理與託管銀行","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250609:nNDLQcKhc:1","article_id":"2542338520","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2542338520","pubTimestamp":1749465587,"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":"Huscoke Holdings Ltd. has announced an update regarding the winding-up petition filed against it by China Cinda  Asset Management Co., Limited. The hearing, initially scheduled for June 9, 2025, has been postponed to August 25, 2025. Despite this adjournment, the Petitioner retains the right to restore the hearing with seven days' notice after June 2025. The company has actively engaged in negotiations with the Petitioner and reached an agreement on settlement terms, which is pending formal signing. The delay is due to the Petitioner, a preference shareholder in Whole Advance Limited, the controlling entity of Huscoke, adjusting the terms of its preference shares with Whole Advance. This adjustment, however, does not impact the settlement agreement between the Petitioner and Huscoke. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares. 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The company has actively engaged in negotiations with the Petitioner and reached an agreement on settlement terms, which is pending formal signing. The delay is due to the Petitioner, a preference shareholder in Whole Advance Limited, the controlling entity of Huscoke, adjusting the terms of its preference shares with Whole Advance. This adjustment, however, does not impact the settlement agreement between the Petitioner and Huscoke. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares. Further updates will be provided as developments occur.\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. 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