SUPERACTIVE GP appoints a receiver for the properties held by its subsidiary and continues to suspend trading
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SUPERACTIVE GP continues to be suspended due to the appointment of a receiver for properties held by its subsidiary. The company announced on April 28, 2025, that it received a notice of receiver appointment, involving assets including the property at the Sino Centre in Sheung Wan, Hong Kong. The company is seeking to negotiate with Hang Seng Bank to postpone the receiver's appointment but has been unsuccessful. The current outstanding loan principal is approximately HKD 217 million, with interest of about HKD 21.82 million. The company is assessing the legal, financial, and operational impacts of the receiver
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