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Raffles Interior Ltd. ( (HK:1376) ) has issued an announcement.
Raffles Interior Limited has scheduled a consequential hearing in the Grand Court of the Cayman Islands on 4 March 2026 to address matters arising from a judgment that discharged a prior injunction order restricting its issuance and listing of new shares. The plaintiff in the case has applied for leave to appeal and for a stay of that court order, which, if granted, could reinstate or extend the injunction’s restrictive effects.
The company warns that any stay of the discharge order may prolong limitations on issuing new shares and engaging placement agents, constraining its options to address external auditors’ integrity and audit concerns. Management cautions that this could further jeopardise the timely completion of the audit for the year ended 31 December 2025 and hinder publication of its 2025 audited annual results by 31 March 2026, potentially affecting shareholders and investors.
The most recent analyst rating on (HK:1376) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Raffles Interior Ltd. stock, see the HK:1376 Stock Forecast page.
More about Raffles Interior Ltd.
Raffles Interior Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates in the interiors and fit-out sector, providing design and construction-related services. The company targets commercial and other property projects in Asian markets, where its access to capital and regulatory compliance are key to sustaining operations and growth.
Average Trading Volume: 3,076,190
Technical Sentiment Signal: Sell
Current Market Cap: HK$150M
Learn more about 1376 stock on TipRanks’ Stock Analysis page.