Kin Tai International (0009.HK) may be liquidated by the High Court due to inability to pay debts.

date
22/05/2025
Zhixin Finance and Economics App, Jin'ao International (00009.HK) announced that on May 20, 2025, the company received a petition from Perfect Win Properties Limited (Investor B) (petitioner) to the Hong Kong Special Administrative Region High Court in accordance with the company's winding-up procedures. The petition, submitted under the Hong Kong Companies (Winding Up and Miscellaneous Provisions) Ordinance Chapter 32, stated that the company may be wound up by the High Court due to its inability to pay its debts. The petition will be heard at 10:00 am on July 9, 2025 at the High Court.