K.H. Group Holdings Ltd. ( (HK:1557) ) just unveiled an announcement.
K. H. Group Holdings Limited, a company incorporated in the Cayman Islands, announced that one of its subsidiaries, K. H. Foundations Limited, is facing a winding-up petition due to non-payment of legal costs. The petition, filed by Ince & Co, is set to be heard in April 2025. Despite the legal proceedings, the company assures stakeholders that it has sufficient financial resources to settle the debt and that the petition does not adversely affect its financial health or operations. The company plans to negotiate a settlement and will keep investors updated on significant developments.
More about K.H. Group Holdings Ltd.
YTD Price Performance: -5.88%
Average Trading Volume: 124,869
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$76.8M
See more data about 1557 stock on TipRanks’ Stock Analysis page.