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Huscoke Holdings Limited ( (HK:0704) ) just unveiled an announcement.
Huscoke Holdings Limited has received a statutory demand from Anpa Financial Services Group Limited seeking payment of about HK$700,000 for financial printing and related services provided between 2022 and 2023, a claim the company disputes amid allegations of harassment and intimidation by a person claiming to represent the creditor. The board believes the disputed amount is not material to its operations, questions the validity of the demand, plans to lodge objections and negotiate within the 21-day deadline, and notes that its shares remain suspended from trading on the Hong Kong Stock Exchange while advising investors to exercise caution.
The company has reported to police several incidents in early 2024 involving nuisance letters, threatening calls, emails, and alleged improper collection of personal data targeting a director and the company secretary, which it considers to potentially constitute criminal offences beyond a normal commercial fee dispute. While the board maintains that the situation does not amount to inside information requiring mandatory disclosure, it issued this voluntary announcement at the request of the Stock Exchange’s Listing Division and will provide further updates in line with statutory requirements.
More about Huscoke Holdings Limited
Huscoke Holdings Limited is a Hong Kong-listed company, though the announcement focuses on its capital market status rather than detailing its core business activities or products. The company’s shares are currently suspended from trading on the Hong Kong Stock Exchange, and it is managing ongoing regulatory and legal communications in that context.
Average Trading Volume: 482,488
Technical Sentiment Signal: Sell
Current Market Cap: HK$115M
Learn more about 0704 stock on TipRanks’ Stock Analysis page.