Huscoke Holdings Faces HK$0.70 Million Statutory Demand; Trading Remains Suspended

Bulletin Express
Apr 27

On 24 April 2026, Huscoke Holdings Limited received a statutory demand from Anpa Financial Services Group Limited requesting payment of approximately HK$0.70 million within 21 days. The amount comprises an outstanding principal of about HK$0.40 million for financial printing and related services rendered during 2022–2023, plus related interest exceeding HK$0.30 million and fixed legal costs.

The statutory demand was accompanied by a final judgment of the District Court. Huscoke Holdings reported that, between January and February 2024, a person claiming to be ANPA’s financial controller repeatedly contacted and intimidated a director and the company secretary in attempts to collect the debt. Four police reports were filed during that period.

Management contends that the alleged intimidation and improper collection of personal data may constitute criminal offences. The company plans to lodge objections to the statutory demand’s validity within the stipulated 21-day period while engaging in negotiations with ANPA.

The Board believes the HK$0.70 million claim does not pose a material adverse impact on daily operations and questions the statutory demand’s validity. Nonetheless, at the request of the Stock Exchange’s Listing Division, the company has disclosed the information via this voluntary announcement and will provide further updates as required.

Trading in Huscoke Holdings’ shares has been suspended since 9:00 a.m. on 30 March 2026 and will remain halted until further notice. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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