JY GRANDMARK (02231): Appointing Joint Liquidators for the Former Holding Company

JY GRANDMARK (02231) announced that, pursuant to the order of the Eastern Caribbean Supreme Court of the British Virgin Islands, Mr. Chan Chi Chung (Adrian) and Mr. Kam Chung Hang (Forrest) of Ernst & Young Corporate Finance Services Ltd., along with Mr. Luke Almond of Ernst & Young Ltd., were appointed as joint liquidators of SIMING LIMITED on May 26, 2026. As of May 26, 2026, SIMING LIMITED held over 50% of the shares in this company, thus serving as the holding company. As of the date of this announcement, SIMING LIMITED's holdings in this company have dropped below 50%, so it is no longer the holding company of this company, but it still remains a controlling shareholder of this company.