Hope Education awaits judgment on winding-up petition appeal

Hope Education Group (HKEX: 1765) announced that the hearing for its appeal against the dismissal of a winding-up petition has concluded, with judgment reserved. The petition is related to the company's guarantee of US$350,000,000 zero-coupon convertible bonds due in 2026, issued by TEQU Mayflower Limited. The company will issue further announcements to update shareholders and investors once the judgment is handed down. Hope Education advises its stakeholders to exercise caution when investing and to seek professional financial advice.