K.H. GP HLDGS subsidiary has been filed for liquidation
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K.H. GP HLDGS announced that its wholly-owned subsidiary Jianhong Foundation Limited was petitioned for liquidation on January 27, 2025, involving approximately HKD 2.1 million in unpaid legal fees and interest. The hearing is scheduled for April 2, 2025. Jianhong Foundation will seek solutions and take appropriate actions. The company stated that its existing financial resources are sufficient to settle the unpaid amounts, and this petition will not have a significant impact on the group's financial performance
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