Core Viewpoint - The company, Cornerstone Holdings (01592.HK), has been notified of a winding-up petition against its indirect wholly-owned subsidiary, Pacific Stone Limited, due to its inability to pay debts, with a hearing scheduled for February 11, 2026 [1] Group 1: Winding-Up Petition Details - The winding-up petition was filed by Hangzheng Yunshi Engineering Co., Ltd., citing that Pacific Stone Limited is unable to repay a judgment amount totaling approximately HKD 9 million, including interest [1] - The petition also includes legal costs awarded to the petitioner from a lawsuit against Pacific Stone Limited under High Court Arbitration HCCT2019 No. 9 [1] Group 2: Company Response and Impact - The company is currently seeking legal advice regarding the winding-up petition [1] - Despite the petition being filed, the board believes that the claims involved will not have any significant adverse impact on the group's operational or financial status [1]
基石控股(01592.HK):呈请人针对公司附属太平洋石材提出清盘呈请