K & R International

According to a resolution passed by Chong Sing Holdings Fintech Group Limited, the sole shareholder controller of K & R International Limited, at a shareholder meeting of the company, K&R is exiting from stored value facility business in an orderly manner. We advise all K&R prepaid cardholders to apply for redemption on or before 29th January 2021. It is expected that shortly after the closing date, the company will transfer all the remaining prepaid card balance to a Hong Kong law court which will hold such remaining balance as judicial trustee.