Superactive Group Company Limited (Stock Code: 0176) announced receipt of a writ of summons dated 21 October 2025, issued by the Court of First Instance of the High Court in Hong Kong. The legal action was initiated by Star Lavish Limited, which claims an outstanding amount of HK$546,781,667, including principal, accrued contractual interest, and default interest on bonds. The plaintiff also seeks default interest at 25% per annum accrued from 20 October 2025 until full payment, plus any additional relief as the Court deems appropriate.
According to the announcement, Superactive Group intends to file a defense upon obtaining legal advice. Trading in the company’s shares has been suspended since 9:00 a.m. on 1 April 2025 and will remain suspended until the listed resumption guidance is fulfilled, as referenced in a previous announcement dated 2 July 2025.