Leading Hldgs (06999.HK) announced on October 2, 2024, that on October 2, 2024, the company received a winding-up petition from Wonderful Sky Financial Group Holdings Limited ("Petitioner") on September 27, 2024 to the High Court of Hong Kong Special Administrative Region ("High Court") against the company regarding overdue unpaid amounts, with a total amount of HK$275,633.29 as of the petition date.

The company will strongly oppose the petition and believes that the petition is not in the best interests of other shareholders and may diminish the company's value. The company will take prompt action to resolve the dispute with the petitioner and urge the withdrawal of the petition. It is expected that the petition will not have a significant impact on the group's domestic operations in the short term. If the petitioner and the company fail to amicably resolve the dispute, the company will seek legal advice on the application for recognition and take all legal actions to protect its legal rights.