Jiyi Holdings Faces Winding-Up Petition Amidst Trading Suspension and Debt Dispute

Reuters
Jul 30
Jiyi Holdings Faces Winding-Up Petition Amidst Trading Suspension and Debt Dispute

Jiyi Holdings Limited is currently facing a winding-up petition filed by Mr. Lo Wai Siu in the High Court of the Hong Kong Special Administrative Region. The petition, submitted on 28 July 2025, seeks the liquidation of the Company under the Companies (Winding Up and Miscellaneous Provisions) Ordinance. This action stems from a claim for unpaid wages, annual leave, and other reimbursements totaling HK$325,966.69, as awarded by the Labour Tribunal. Trading in Jiyi Holdings' shares has been suspended since 2 April 2024 and will remain so until further notice. The company has advised shareholders and potential investors to exercise caution and consider consulting independent professional advisers regarding their investments.

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. Jiyi Holdings Ltd. published the original content used to generate this news brief on July 30, 2025, and is solely responsible for the information contained therein.

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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10