ANCHORSTONE (01592): Court Orders Liquidation of Pacific Stone at Petition Hearing

Stock News
03/27

ANCHORSTONE (01592) announced that on March 18, 2026, the court issued an order during a petition hearing for the winding up of Pacific Stone. On the same day, the Official Receiver appointed Ms. Cai Shulian and Mr. Liu Guoxiong as the joint and several provisional liquidators of Pacific Stone. Pacific Stone is a limited company incorporated in Hong Kong and is also an indirect wholly-owned subsidiary of the company. It is primarily engaged in, among other activities, the buying and selling of marble and granite, as well as the supply and installation of marble and granite for construction projects. Since 2023, Pacific Stone has not undertaken any new construction projects. The business operations of the group have been managed by other subsidiaries of the company. In light of the above circumstances, the liquidation of Pacific Stone is not expected to have a material adverse impact on the overall financial position or operations of the group.

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