Emperor flags $16.6b in overdue or breached loans

The group is currently in negotiations with banks to secure revised terms.

Emperor International Holdings has disclosed HK$16.6b in borrowings that are overdue or in breach of loan terms.

In its financial results for the year ended 31 March 2025, the Group reported a net loss of HK$4.84 billion. As of the same date, the company acknowledged that lenders may demand immediate repayment of the borrowings due to the breaches, prompting the reclassification of the debt as current liabilities.

The group said its directors have given “careful consideration” to its liquidity and financial performance and are actively working on a financial restructuring plan. It is currently in negotiations with banks to secure revised terms, leveraging what it described as a “robust asset base,” a strong track record, and longstanding banking relationships.

To mitigate liquidity risk, the company plans to generate cash flow through the sale of investment properties and rental income. It also aims to reduce administrative and operating costs as part of its near-term strategy to improve financial stability.

The group’s directors said it remains confident that it can secure sufficient financing and stabilise operations in the next 12 months.