ROAD KING INFRA (01098): Hearing for Winding-Up Petition Against Wholly-Owned Subsidiary Receives Further Adjournment

Stock News

Mar 17

ROAD KING INFRA (01098) announced an update regarding the winding-up petition filed against its wholly-owned subsidiary, New Select Global Limited (New Select). At a hearing held on March 16, 2026, in the British Virgin Islands (BVI) Court concerning the winding-up petition and New Select's application for the appointment of provisional liquidators, the BVI Court granted an adjournment of the hearings for these applications to a date no earlier than June 8, 2026. This adjournment provides the company and New Select with additional time to engage in further discussions with a significant portion of the creditors, with whom a restructuring plan has already been agreed upon in principle. The objective is to formally present the restructuring plan to all relevant creditors as soon as possible.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/1147597643"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1147597643\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1147597643?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-17 18:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1147597643","market":"sh","top_or_hot":-1,"title":"ROAD KING INFRA (01098): Hearing for Winding-Up Petition Against Wholly-Owned Subsidiary Receives Further Adjournment","media":"Stock News","content":"<p>ROAD KING INFRA (01098) announced an update regarding the winding-up petition filed against its wholly-owned subsidiary, New Select Global Limited (New Select). At a hearing held on March 16, 2026, in the British Virgin Islands (BVI) Court concerning the winding-up petition and New Select's application for the appointment of provisional liquidators, the BVI Court granted an adjournment of the hearings for these applications to a date no earlier than June 8, 2026. This adjournment provides the company and New Select with additional time to engage in further discussions with a significant portion of the creditors, with whom a restructuring plan has already been agreed upon in principle. The objective is to formally present the restructuring plan to all relevant creditors as soon as possible.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ROAD KING INFRA (01098): Hearing for Winding-Up Petition Against Wholly-Owned Subsidiary Receives Further Adjournment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nROAD KING INFRA (01098): Hearing for Winding-Up Petition Against Wholly-Owned Subsidiary Receives Further Adjournment\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-03-17 18:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>ROAD KING INFRA (01098) announced an update regarding the winding-up petition filed against its wholly-owned subsidiary, New Select Global Limited (New Select). At a hearing held on March 16, 2026, in the British Virgin Islands (BVI) Court concerning the winding-up petition and New Select's application for the appointment of provisional liquidators, the BVI Court granted an adjournment of the hearings for these applications to a date no earlier than June 8, 2026. This adjournment provides the company and New Select with additional time to engage in further discussions with a significant portion of the creditors, with whom a restructuring plan has already been agreed upon in principle. The objective is to formally present the restructuring plan to all relevant creditors as soon as possible.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1567","symbol_name":"公路及铁路股","start_time":0,"source_url":"","article_id":"1147597643","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1147597643","pubTimestamp":1773743058,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"ROAD KING INFRA (01098) announced an update regarding the winding-up petition filed against its wholly-owned subsidiary, New Select Global Limited (New Select). At a hearing held on March 16, 2026,...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1567":"公路及铁路股","BK1240":"房地产开发","01098":"路劲"},"translate_title":"路劲基建(01098)：针对全资附属公司的清盘呈请聆讯再押后","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01098":1},"content_text":"ROAD KING INFRA (01098) announced an update regarding the winding-up petition filed against its wholly-owned subsidiary, New Select Global Limited (New Select). At a hearing held on March 16, 2026, in the British Virgin Islands (BVI) Court concerning the winding-up petition and New Select's application for the appointment of provisional liquidators, the BVI Court granted an adjournment of the hearings for these applications to a date no earlier than June 8, 2026. This adjournment provides the company and New Select with additional time to engage in further discussions with a significant portion of the creditors, with whom a restructuring plan has already been agreed upon in principle. The objective is to formally present the restructuring plan to all relevant creditors as soon as possible.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}