Asia Television Holdings: Receives liquidation application, hearing scheduled for November 19th.

date
17/09/2025
Asia Television Holdings Limited announced on the Hong Kong Stock Exchange that the company has received a winding-up petition from the High Court of the Hong Kong Special Administrative Region filed by Chan Lili, due to the company's inability to repay its debts. In the petition, the petitioner is seeking repayment of outstanding principal and accrued interest under a loan agreement signed on November 29, 2018, totaling approximately HK$7.41 million. The petition will be heard in the High Court on November 19, 2025. The company is currently seeking legal advice to determine the next steps and possible legal actions to safeguard the interests of the company and other stakeholders.