---
title: "CEN PLAZA HOTEL: Has reached a settlement with the petitioner regarding a feasible repayment plan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/232991415.md"
description: "CEN PLAZA HOTEL has reached a settlement with Amber Financial Services Group Co., Ltd. to withdraw the liquidation petition against the company for HKD 437,000. The petition arose due to a lack of consensus on service delivery standards and total price. The company believes it has sufficient internal resources to cope with the situation and that this matter will not have a negative impact on its finances and operations. The hearing is scheduled for May 28, 2025"
datetime: "2025-03-24T15:20:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/232991415.md)
  - [en](https://longbridge.com/en/news/232991415.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/232991415.md)
---

# CEN PLAZA HOTEL: Has reached a settlement with the petitioner regarding a feasible repayment plan

According to the Zhitong Finance APP, CEN PLAZA HOTEL (08315) announced that Amber Financial Services Group Limited (the petitioner) has filed a winding-up petition against the company in the High Court of the Hong Kong Special Administrative Region on March 20, 2025, regarding a financial liability of HKD 437,000. The company unexpectedly received this petition while communicating with the petitioner about the delivery standards and total price, and the company believes it has sufficient internal resources to address this petition. The hearing for this petition is scheduled for May 28, 2025.

The company has reached a settlement with the petitioner regarding a feasible repayment plan, requesting the petitioner to withdraw the petition. The company believes that the petition arose due to a lack of consensus on the service delivery standards and total price. Therefore, the company believes that this petition does not have any negative impact on its financial and operational status

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