HOLLWIN URBAN (02529) Receives Writ of Summons

Stock News
Sep 04

HOLLWIN URBAN (02529) announced that the company (as defendant) has received a writ of summons issued by the High Court of the Hong Kong Special Administrative Region on September 2, 2025. The writ was issued by lawyers representing Toppan Merrill Financial Printing Company Limited (as plaintiff) against the company. As stated in the statement of claim attached to the writ of summons, the plaintiff seeks to recover USD 615,200 from the company, being the outstanding balance owed by the company to the plaintiff for financial printing services provided by the plaintiff to the company. The plaintiff also claims interest, costs and such further and/or other relief as the court deems fit. The company hereby notifies its shareholders and potential investors that the aforementioned balance is disputed. The company will seek legal advice on the above matter and file a defense to actively contest the plaintiff's claim.

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