Agile Group faces winding-up petition over $18m and 2m yuan in alleged debts

Agile Group Holdings Limited announced it received a winding-up petition filed by Melco (Zhongshan) Business Management Co., Ltd. on December 9, 2025. The petition, filed at the High Court of Hong Kong, seeks an aggregate of $18,587,146.57 and 2,234,331.43 yuan, arising from an arbitral award dated September 25, 2025. The High Court has scheduled the first hearing for the petition on February 25, 2026.

The company's board stated it will vigorously oppose the petition, believing it does not represent the interests of other stakeholders and may negatively impact the company's value. Agile Group plans to continue proactively communicating with offshore creditors to restructure its offshore liabilities and aims to negotiate a solution with the petitioner to secure withdrawal or dismissal of the petition.

Shareholders and potential investors are cautioned that transfers of the company's shares made on or after December 9, 2025, could be void if the company is ultimately wound up without a validation order from the High Court. The company has no current intention to apply for such an order but will assess the need later, considering the progress of its holistic offshore debt solution.