PACIFIC LEGEND (08547): The winding-up petition hearing was held on August 17

Zhitong Finance App News, Pacific Legend (08547) issued an announcement. The hearing of the winding-up petition was held on August 17, 2026, and the ruling was adjourned. The date is uncertain. The Company will publish further announcements to provide the latest information to its shareholders and investors when the ruling is issued.

After careful consideration of the opinions provided by the Company's legal counsel relating to the litigation on the merits of the case, the Board found that: (i) the Company had sufficient and valid defenses against the claim; (ii) the Company had strong and well-founded defenses against the allegations involved in the petition. The relevant debt is the debt of a subsidiary of the Company, and the petitioner essentially brought a claim against an improper legal entity; and (iii) other than the amount involved in the claim, any other potential loss the Board anticipates that the Company may face is insignificant.

The company is seeking legal advice on related matters. The Company will publish separate announcements in due course to notify its shareholders and investors of any significant developments relating to the petition.