Cocoon Holdings Withdraws Winding-Up Petition After Settlement
Cocoon Holdings Limited has settled a dispute, leading to the withdrawal of a winding-up petition filed against it. The High Court of Hong Kong approved the withdrawal, ensuring no winding-up order is made. The risk of voided dispositions under Hong Kong law is now eliminated. This news was generated by AI and is for informational purposes only, not financial advice.
Cocoon Holdings Limited has announced that the winding-up petition filed against the company has been withdrawn following a full and final settlement with the petitioner, who held a promissory note issued by the company. The High Court of Hong Kong has granted leave to withdraw the petition, and no winding-up order has been made against the company. The risk of dispositions being voided under relevant Hong Kong company law in relation to the petition has now been extinguished. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cocoon Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251125-11928025), on November 25, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
