Realord Group subsidiary faces winding-up petition over HK$12m payment

Realord Group Holdings Limited announced that a winding-up petition was filed against its wholly-owned subsidiary, Realord International Financial Limited (RIF), on October 22, 2025. The petition, brought by Ms. Lung Chung Mei Beatrice, seeks RIF's winding-up and is scheduled for a hearing on January 7, 2026. This action stems from an outstanding payment of the second installment of HK$12,000,000, related to a sale and purchase agreement dated December 27, 2018.

RIF, an investment holding company, operates in financial services, including corporate finance advisory and asset management. For the year ended December 31, 2024, the RIF Group contributed approximately 30.9% of the group's revenue, totaling about HK$428.4m, and accounted for roughly 5.5% of the group's total assets, which stood at approximately HK$18,988.5m.

The company's directors believe the claimed amount will not materially impact the group's operations or financial position, noting a potential dispute with the petitioner. Realord Group is seeking legal advice and aims to resolve the matter amicably, advising shareholders and potential investors to exercise caution.