Core Viewpoint - Baofa Holdings (08532) is facing a winding-up petition against its wholly-owned subsidiary, Baofa Construction Engineering Co., Ltd., due to an unpaid judgment debt of approximately HKD 416,000, stemming from a ruling by the Lands Tribunal on June 23, 2025 [1] Group 1 - The winding-up petition was filed by Starway (Hong Kong) Limited under the Companies (Winding Up and Miscellaneous Provisions) Ordinance on January 20, 2026, with a hearing scheduled for April 8, 2026 [1] - The unpaid judgment debt includes legal fees and relates to an old lease agreement [1] - A settlement agreement was reached in December 2025, with a remaining debt balance of approximately HKD 261,000, which the company failed to pay on time [1] Group 2 - The company believes that the amount involved is not significant to the overall operations and financial condition of the group [1] - The company plans to contact the petitioner to settle the outstanding debt amicably and is seeking legal advice to determine appropriate actions regarding the petition [1] - The board is confident that the matter will be resolved in a timely and satisfactory manner [1]
宝发控股(08532)附属公司宝发建筑接获清盘呈请