Core Viewpoint - China Tian Gong Holdings (00428) has reached a settlement agreement regarding a HKD 10 million promissory note issued in 2017, which is set to mature on March 31, 2025, with outstanding interest of HKD 1.1 million as of the announcement date [1] Group 1 - The applicant, an independent third party, is a holder of the promissory note issued by the company [1] - The company and the applicant have signed a consent order on November 4, 2025, to seek the court's approval for withdrawal of the application without any order for costs [1] - The hearing scheduled for December 31, 2025, at the High Court of Hong Kong has been canceled as part of the settlement [1] Group 2 - According to the board's reasonable inquiries, the application does not have a significant impact on the company's operations and financial condition [1]
中国天弓控股已与呈请人达成和解协议