Raffles Interior: restore the trading of shares
Raffles Interior announcement, the trading of company shares will be suspended from 9:00 am on November 4, 2025, but no suspension of trading notice has been issued. Mr. Zheng Nenghuan, the newly appointed Chairman and Executive Director, has entered into a purchase agreement involving the acquisition of 100% equity interest in Kung Yuan Assets Limited from China Golden Holdings Limited for a total consideration of 300 million Hong Kong dollars. Some members of the board hold different opinions on the purchase agreement, and considering that the company currently does not have sufficient financial ability to pay the cash consideration, the board has made a majority vote to oppose the suspension of trading instruction and to enter into the purchase agreement as it stands. The company has applied to the Hong Kong Stock Exchange for the resumption of share trading from 9:00 am on November 11, 2025.
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