HMVOD Video (08103) announced that a hearing will be held at the High Court on August 25, 2025.
According to the Zhitong Finance APP, HMVOD Video (08103) announced that at the hearing on August 25, 2025, the High Court ordered the company to pay HKD 2 million to the court on or before September 8, 2025. Furthermore, it was ordered that if the payment is made, the hearing for the petition will be postponed to September 22, 2025, during which the company may submit evidence to oppose the petition; otherwise, the matter will be heard on September 15, 2025.
The company is actively seeking shareholder loans to repay the aforementioned amount before September 8, 2025.