ATV Holdings (00707) announced that the company has received a winding-up petition filed by Chen Lili (the petitioner) from the High Court of the Hong Kong Special Administrative Region due to the company's inability to repay its debts. In the petition, the petitioner demands repayment of outstanding principal and accrued interest totaling HK$7.4102 million under a loan agreement signed on November 29, 2018. The petition will be heard at the High Court on November 19, 2025. Additionally, the company's shares remain suspended from trading.
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