Tesson Holdings Ltd. Faces Legal Battle Over Unpaid Loan and Interest Claims

Reuters
Jul 18
Tesson Holdings Ltd. Faces Legal Battle Over Unpaid Loan and Interest Claims

Tesson Holdings Ltd. is currently embroiled in a legal dispute following a lawsuit filed by Hai Xia Finance Holdings Limited. The litigation arises from an alleged unpaid loan, initially advanced to Tesson Holdings in the amount of HK$80,000,000, with interest at 8% per annum. Despite partial repayments made between March 2022 and June 2025, the plaintiff claims that the company, along with its controlling shareholder, Double Key International Limited, still owes an outstanding principal of HK$65,655,179.30 and accrued interest of HK$460,485.64. Tesson Holdings has expressed disagreement with the claim and is actively seeking legal counsel while pursuing negotiations for a resolution. The company has committed to keeping its shareholders and potential investors informed of any significant developments in the case.

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. Tesson Holdings Ltd. published the original content used to generate this news brief on July 18, 2025, and is solely responsible for the information contained therein.

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