ZYY Faces Liquidation Petition from Creditor in Hong Kong High Court

Stock News05-08

ZYY (08223) has announced that on May 6, the company received a winding-up petition submitted to the High Court of the Hong Kong Special Administrative Region by a creditor on April 29, 2026. The petition seeks the liquidation of the company under the provisions of the Companies (Winding Up and Miscellaneous Provisions) Ordinance. The petition relates to an outstanding principal amount of HKD 3.5529 million plus interest on certain loans advanced by the petitioner. A hearing for the petition is scheduled for July 29, 2026, at the Hong Kong High Court. The filing represents only an application for the company's liquidation and does not indicate that the company has been successfully wound up. As of the date of this announcement, the High Court has not issued a winding-up order against the company.

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