Furniweb controlling shareholder seeks judicial management order amid winding-up petition

• Controlling shareholder PRG Holdings filed in Malaysia for a judicial management order following a winding-up petition.
• PRG sought a six-month judicial management period to block winding-up actions while court-appointed managers pursue a restructuring.
• PRG holds 625,224,000 shares, or 67.72%, with no change reported as of Aug. 4.
• The filing could affect the company’s ownership and control, though group operations remain normal.
• Outcome hinges on the Malaysian court’s decision; no assurance relief will be granted.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Furniweb Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260804-12272063), on August 04, 2026, and is solely responsible for the information contained therein.