TROOPS Inc. Faces Winding Up Petition After Hong Kong Court Judgment

Reuters

Nov 29

TROOPS Inc. Faces Winding Up Petition After Hong Kong Court Judgment

TROOPS Inc. has received a winding up petition from Real Estate and Finance Fund (in Liquidation) in the Grand Court of the Cayman Islands, citing the company's insolvency and inability to pay its debts. The hearing for the petition has been adjourned until after the High Court of Hong Kong rules on TROOPS Inc.'s application to stay execution of a related judgement. Additionally, the company has been ordered by the Hong Kong High Court to disclose details of all assets valued at HK$50,000 or more, both in and outside Hong Kong, and has complied with this order by filing the required affirmation.

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. TROOPS Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-116961), on November 28, 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.

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Faces Winding Up Petition After Hong Kong Court Judgment","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      TROOPS Inc. Faces Winding Up Petition After Hong Kong Court Judgment\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        TROOPS Inc. has received a winding up petition from Real Estate and Finance Fund (in Liquidation) in the Grand Court of the Cayman Islands, citing the company's insolvency and inability to pay its debts. The hearing for the petition has been adjourned until after the High Court of Hong Kong rules on TROOPS Inc.'s application to stay execution of a related judgement. 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