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Alpha Professional Holdings Faces Statutory Demand Amid Arbitration Dispute

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Alpha Professional Holdings Faces Statutory Demand Amid Arbitration Dispute

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Alpha Professional Holdings Ltd. ( (HK:0948) ) has shared an update.

Alpha Professional Holdings Ltd. announced that its subsidiary, Alice Trading, has received a statutory demand from IFC related to an arbitration judgment debt. This demand requires Alice Trading to pay the debt within three weeks, or face a potential winding-up petition. The company’s board is seeking legal advice and exploring measures to protect shareholder interests. Despite the situation, the operations of other subsidiaries are expected to remain unaffected.

More about Alpha Professional Holdings Ltd.

Alpha Professional Holdings Ltd. is a company incorporated in Bermuda, operating through its subsidiaries. The company appears to be involved in trading activities, with Alice Trading being an indirect wholly-owned subsidiary.

Average Trading Volume: 62,630

Technical Sentiment Signal: Buy

Current Market Cap: HK$104.8M

Learn more about 0948 stock on TipRanks’ Stock Analysis page.

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