K.H. Group Holdings Ltd. (HK:1557) has released an update.
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K.H. Group Holdings Limited faces winding-up petitions from The Bank of East Asia due to unpaid debts totaling approximately HK$11.6 million, with a court hearing set for August 28, 2024. The company is seeking a settlement and looking for business opportunities to enhance cash flow and financial stability. Shareholders and potential investors are cautioned to be mindful of the potential risks and restrictions on share transfers during this period.
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