FEG Holdings Faces Potential Winding Up as Alleged Creditor Threatens Legal Action Over HK$5 Million Debt

Reuters

2025/06/13

FEG Holdings Faces Potential Winding Up as Alleged Creditor Threatens Legal Action Over HK$5 Million Debt

FEG Holdings Corporation Limited has announced that it is currently dealing with a potential winding-up petition related to an alleged debt of approximately HK$5 million. The company received a letter from a legal representative of the alleged creditor, threatening to initiate the winding-up proceedings. In response, FEG Holdings is seeking legal advice and plans to communicate with the creditor to verify the claims and take necessary actions to address the situation. The company's board, led by Chairman Cheung Tung Tsun Billy, is actively working to resolve the 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. Feg Holdings Corporation Ltd. published the original content used to generate this news brief on June 13, 2025, and is solely responsible for the information contained therein.

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