GEOTECH HLDGS (01707) Subsidiary Praise Marble Receives Winding-Up Petition

Stock News
Jan 14

On January 13, 2026, the company was informed that the British Virgin Islands High Court (Commercial Division) under the Eastern Caribbean Supreme Court had received a winding-up petition against its wholly-owned subsidiary, Praise Marble Limited. The petition was filed by the Attorney General of the British Virgin Islands. As of the date of this announcement, a hearing date for the winding-up petition has not yet been scheduled. The submission of the petition does not indicate that the applicant has successfully wound up Praise Marble, and as of the date of this announcement, the British Virgin Islands Court has not issued any winding-up order against Praise Marble. The company is currently gathering further information regarding the winding-up petition and is seeking professional advice on its potential impact.

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