Pacific Legend faces Hong Kong winding-up petition over HK$9.2 million debt claim

PUBT·07/16/2026 13:49:00

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Pacific Legend Group received a winding-up petition in Hong Kong High Court over an alleged unpaid debt of about HK$9.2 million.
The petitioner, Qin Sixin, is seeking a winding-up order under Hong Kong’s Companies (Winding Up and Miscellaneous Provisions) Ordinance.
The company is disputing the claim, arguing the alleged debt is owed by a subsidiary, not the listed entity.
A hearing is scheduled for Aug. 17, 2026; no winding-up order has been made.
Share transfers from June 12, 2026 could be void if a winding-up order is granted unless a court validation order is obtained.

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. Pacific Legend Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260716-12247371), on July 16, 2026, and is solely responsible for the information contained therein.

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