Silkwave Inc Updates on Winding-Up Petitions; High Court Hearings Set for 26 Oct and 2 Nov 2026

Bulletin Express10-16

Silkwave Inc released an inside-information announcement detailing the latest timetable for two winding-up petitions currently before the High Court of Hong Kong.

The Court has fixed 26 October 2026, 9:30 a.m., to hear an application for a validation order covering transfers of the Company’s shares. In addition, the hearing for Petition 1—originally scheduled for 2 October 2026—has been adjourned to 2 November 2026, 9:30 a.m., before the Companies Judge.

Management stated that further legal advice is being sought and that additional actions will be taken as recommended. The Company will issue further announcements in line with Hong Kong Listing Rules to keep shareholders and investors informed of significant developments.

The board advised shareholders and potential investors to exercise caution when dealing in the Company’s securities. As of 16 October 2026, the board comprises four executive directors and three independent non-executive directors, chaired by Mr Chau Ngai Fung.

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