COCOON HOLDINGS received a winding-up petition
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COCOON HOLDINGS received a winding-up petition on October 21, 2025, with the petitioner claiming that the company failed to repay approximately HKD 11.1 million in principal and interest on acceptance notes. The petition has not yet been verified by affidavit and is scheduled for a hearing in the High Court of Hong Kong on December 31, 2025. The company stated that the petition has no significant impact on its business operations and is considering various options to address the petition
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