Powerlong Commercial Management Holdings Ltd has announced a rescheduling of the court hearing regarding the liquidation application against its direct holding company, Powerlong Real Estate (BVI) Holdings Limited. Initially set for an earlier date, the hearing in the British Virgin Islands court is now scheduled for July 21, 2025. The company, incorporated in the Cayman Islands, has advised caution to securities holders and potential investors as it continues to monitor the situation closely. This development follows previous announcements made on March 7 and March 26, 2025. The board of Powerlong Commercial Management Holdings Ltd is chaired by Mr. Hoi Wa Fong, with a combination of executive, non-executive, and independent non-executive directors.
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