Road King Faces Liquidation Application Over US$441 Million Debt

Reuters

Nov 21, 2025

Road King Faces Liquidation Application Over US$441 Million Debt

Road King Infrastructure Limited has announced that a liquidation application was filed on 20 November 2025 against its wholly-owned subsidiary, New Select Global Limited, in the High Court of Justice of the Virgin Islands. The application concerns notes with an alleged outstanding principal amount of US$441.6 million plus accrued interest, for which New Select is a guarantor. The company stressed that, as of the announcement date, no liquidation order has been granted and the application does not represent a successful winding-up of New Select. Road King Infrastructure Limited's board believes the application has no material adverse impact on the group's overall business operations or financial position. The company is seeking legal advice and will continue to engage with the petitioner while keeping shareholders informed of significant developments. Stakeholders are advised to exercise caution when dealing in the company's securities.

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. Road King Infrastructure Limited published the original content used to generate this news brief on November 21, 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
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2585113002"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2585113002\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2585113002?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-21 16:58","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2585113002","market":"fut","top_or_hot":-1,"title":"Road King Faces Liquidation Application Over US$441 Million Debt","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Road King Faces Liquidation Application Over US$441 Million Debt\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/RKGXF\">Road King Infrastructure</a> Limited has announced that a liquidation application was filed on 20 November 2025 against its wholly-owned subsidiary, New Select Global Limited, in the High Court of Justice of the Virgin Islands. The application concerns notes with an alleged outstanding principal amount of US$441.6 million plus accrued interest, for which New Select is a guarantor. The company stressed that, as of the announcement date, no liquidation order has been granted and the application does not represent a successful winding-up of New Select. <a href=\"https://laohu8.com/S/RKGXY\">Road King Infrastructure</a> Limited's board believes the application has no material adverse impact on the group's overall business operations or financial position. The company is seeking legal advice and will continue to engage with the petitioner while keeping shareholders informed of significant developments. Stakeholders are advised to exercise caution when dealing in the company's securities.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. Road King Infrastructure Limited published the original content used to generate this news brief on November 21, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Road King Faces Liquidation Application Over US$441 Million Debt</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoad King Faces Liquidation Application Over US$441 Million Debt\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-11-21 16:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Road King Faces Liquidation Application Over US$441 Million Debt\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        <a href=\"https://laohu8.com/S/RKGXF\">Road King Infrastructure</a> Limited has announced that a liquidation application was filed on 20 November 2025 against its wholly-owned subsidiary, New Select Global Limited, in the High Court of Justice of the Virgin Islands. The application concerns notes with an alleged outstanding principal amount of US$441.6 million plus accrued interest, for which New Select is a guarantor. The company stressed that, as of the announcement date, no liquidation order has been granted and the application does not represent a successful winding-up of New Select. <a href=\"https://laohu8.com/S/RKGXY\">Road King Infrastructure</a> Limited's board believes the application has no material adverse impact on the group's overall business operations or financial position. The company is seeking legal advice and will continue to engage with the petitioner while keeping shareholders informed of significant developments. Stakeholders are advised to exercise caution when dealing in the company's securities.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. Road King Infrastructure Limited published the original content used to generate this news brief on November 21, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1240","symbol_name":"房地产开发","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251121:nNDL1bJSPw:1","article_id":"2585113002","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2585113002","pubTimestamp":1763715491,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Road King Infrastructure Limited has announced that a liquidation application was filed on 20 November 2025 against its wholly-owned subsidiary, New Select Global Limited, in the High Court of Justice of the Virgin Islands. The application concerns notes with an alleged outstanding principal amount of US$441.6 million plus accrued interest, for which New Select is a guarantor. The company stressed that, as of the announcement date, no liquidation order has been granted and the application does not represent a successful winding-up of New Select. Road King Infrastructure Limited's board believes the application has no material adverse impact on the group's overall business operations or financial position. The company is seeking legal advice and will continue to engage with the petitioner while keeping shareholders informed of significant developments. Stakeholders are advised to exercise caution when dealing in the company's securities.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1240":"房地产开发","01098":"路劲","00610":"惠记集团","BK1148":"建筑与工程","BK1567":"公路及铁路股"},"translate_title":"路劲4.41亿美元债务面临清算申请","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01098":0.9,"00610":0.9},"content_text":"Road King Faces Liquidation Application Over US$441 Million Debt\n    \n\nRoad King Infrastructure Limited has announced that a liquidation application was filed on 20 November 2025 against its wholly-owned subsidiary, New Select Global Limited, in the High Court of Justice of the Virgin Islands. The application concerns notes with an alleged outstanding principal amount of US$441.6 million plus accrued interest, for which New Select is a guarantor. The company stressed that, as of the announcement date, no liquidation order has been granted and the application does not represent a successful winding-up of New Select. Road King Infrastructure Limited's board believes the application has no material adverse impact on the group's overall business operations or financial position. The company is seeking legal advice and will continue to engage with the petitioner while keeping shareholders informed of significant developments. Stakeholders are advised to exercise caution when dealing in the company's securities.\n      \n\nDisclaimer: 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. Road King Infrastructure Limited published the original content used to generate this news brief on November 21, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"economic,event","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}