KING INTL INV(00928): Liquidation request has been withdrawn.
Emperor International Investments (00928) announced that on April 13, 2026, the company received an order from the Hong Kong High Court dated March 25, 2026 regarding a joint application by the legal representatives of the plaintiff and the legal representatives of the company, approving the withdrawal of the plaintiff's application. The company learned that the application was directed at the company, involving a breach of the employment contract signed between the plaintiff and the company's wholly-owned subsidiary, Lotus Health (Hong Kong) Limited, on September 5, 2023, for the late payment of principal amounting to HK$259,000. The application was originally intended for Lotus Health (Hong Kong) Limited rather than the company.
KING INTL INV (00928) issued an announcement on April 13, 2026, stating that the company received an order from the Hong Kong High Court dated March 25, 2026. The order related to a joint application by the applicant's legal representative and the company's legal representative, approving the applicant's withdrawal of the application. The company learned that the application was originally filed against the company, involving the non-payment of principal amount of 259,000 Hong Kong dollars under an employment contract between the applicant and the company's wholly-owned subsidiary, Lotus Health (Hong Kong) Limited, signed on September 5, 2023. The application should have originally been filed against Lotus Health (Hong Kong) Limited and not the company.
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