K. H. Group's Unit Faces Winding-Up Petition Over Non-Payment of Legal Costs

MT Newswires Live

02-10

K. H. Group Holdings (HKG:1557) said its wholly owned subsidiary K. H. Foundations is facing winding-up proceedings from Ince & Co. at Hong Kong's High Court, due to non-payment of legal costs of about HK$2.1 million plus interest.

The hearing is set for April 2. The company aims to negotiate with the petitioner regarding a "practicable settlement plan," according to a Friday filing with the Hong Kong bourse

Price (HKD): $0.15, Change: $-0.012, Percent Change: -7.50%

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H. Group's Unit Faces Winding-Up Petition Over Non-Payment of Legal Costs\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time smaller\">2025-02-10 15:51</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p> K. H. Group Holdings (HKG:1557) said its wholly owned subsidiary K. H. Foundations is facing winding-up proceedings from Ince & Co. at Hong Kong's High Court, due to non-payment of legal costs of about HK$2.1 million plus interest.</p><p>The hearing is set for April 2. 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