RAFFLESINTERIOR (01376) has announced details regarding a request from its controlling shareholder, Han Chen Holdings Limited, to remove the current directors and appoint new ones. On January 12, 2026, the company, acting as the defendant, received an injunction issued by the Financial Services Division of the Grand Court of the Cayman Islands. This court order was applied for by the company's controlling shareholder, Han Chen Holdings Limited, as the plaintiff, via an ex parte summons on January 9, 2026. According to the court order, an inter partes hearing for the plaintiff's summons will be held no later than February 6, 2026. As stipulated in the court order, the plaintiff has undertaken not to take any steps to vote on the resolutions set out in the agenda of the company's forthcoming Extraordinary General Meeting. Instead, the plaintiff is required to propose and vote all of its shares in the company in favor of a resolution to adjourn the EGM to a specific date after February 20, 2026. In light of the court order and other relevant considerations, the company deems it reasonable to postpone the EGM to a specific date after February 20, 2026. The company is currently seeking legal advice regarding the court order and the appropriate subsequent steps. Further updates will be provided by the company as the matter develops. The company has applied to the Stock Exchange for the resumption of trading of its shares, which will commence at 9:00 a.m. on January 16, 2026.