ATV HOLDINGS (00707): Application for Appointment of Joint Provisional Liquidators

Stock News10-22

ATV HOLDINGS (00707) has announced that a hearing for the application for the appointment of joint provisional liquidators will be held on October 24, 2025 (Friday) at 2:00 PM (Cayman Islands time) in the Grand Court. According to the application for the joint provisional liquidators, the company has requested the Grand Court to grant the liquidators the authority to: develop a viable restructuring plan to ensure the company's continued operations, manage the company's business, communicate and liaise with all relevant regulatory authorities and governing bodies to undertake necessary regulatory actions and meet any required listing obligations, as well as investigate the company's affairs. The purpose of appointing joint provisional liquidators is to transfer business and affairs to independent professional court personnel to safeguard and protect the interests of the company, its shareholders, and its creditors. The company believes that the application for joint provisional liquidators serves the overall best interests of the company, its shareholders, and its creditors.

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