ESPRIT HOLDINGS (00330.HK): Receives Statutory Demand for Payment of USD 3,992,648.83 and HKD 41,656.36
- The amounts represent the outstanding sums under the award disclosed in the Company's announcement dated 10 July 2026 as at the date of the statutory demand.
- The Company must pay the sums, or provide security or make a settlement arrangement reasonably satisfactory to the law firm, within three weeks after service, failing which a winding-up petition may be presented.
- The Company is seeking legal advice and assessing the potential impact on its operations and financial position, and remains willing to discuss an amicable resolution with the law firm.
NewTimeSpace News: On 17 September 2026, Esprit Holdings Limited (stock code: 00330) announced that after trading hours on 16 September 2026, it received a statutory demand issued by solicitors acting on behalf of the law firm under section 327(4)(a)(i) of the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Chapter 32 of the Laws of Hong Kong), demanding payment of USD 3,992,648.83 and HKD 41,656.36.
The statutory demand requires the Company to pay the sums, or to provide security or make a settlement arrangement reasonably satisfactory to the law firm, within three weeks after service, failing which the law firm may present a winding-up petition against the Company. The Company is seeking legal advice, will take all necessary or appropriate actions to protect the overall interests of the Company, its shareholders and stakeholders, and is assessing the potential impact on its operations and financial position, while remaining willing to hold discussions with the law firm to reach an amicable resolution.
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