RENCO HOLDINGS (02323) Quarterly Update: Liquidation Process Progresses; Trading Halt Continues

Bulletin Express03-12

RENCO HOLDINGS Group Limited (In Compulsory Liquidation, stock code 02323) released a quarterly update detailing the status of its winding-up and the ongoing suspension of share trading on the Stock Exchange of Hong Kong.

The High Court of Hong Kong issued a winding-up order on 4 Aug 2025 (Case HCCW 235/2025). Osman Mohammed Arab and Wong Kwok Keung of Acclime Corporate Advisory (Hong Kong) Ltd were appointed Joint and Several Liquidators on 10 Dec 2025. All powers of the former board of directors ceased upon issuance of the order.

The Liquidators are: 1. Reviewing the Company’s books and records to determine the status of business operations prior to liquidation. 2. Assessing the Company’s progress in meeting resumption guidance set by the Stock Exchange.

Trading in RENCO HOLDINGS shares has been suspended since 9:00 a.m. on 20 Jan 2025 and will remain halted until further notice.

The Liquidators will issue additional announcements as material developments arise.

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