While PC House Holdings PLC prepares to sell its 100 percent stake in its carbon manufacturing concern Beico Link Carbon (Pvt) Ltd, a new stakeholder of this company Adams Investments Limited has obtained an interim order against this transaction.

Adams Investments Limited has informed the Colombo Stock Exchange that it has obtained an interim order from the Commercial High Courts against PC House Holdings PLC selling any of its assets.

PC House Holdings PLC recently announced that it had decided to sell 100 percent stake in its carbon manufacturing concern Beico Link Carbon (Pvt) Ltd which is faced with a financial crisis, for Rs. 180 million and settle its bank, creditors and other obligations.

Accordingly, Beico Link Carbon (Pvt) Ltd was to be sold to MM Ventures Lanka Private Limited.

DFCC Vardhana Bank has already sent letters of demand to Beico Link Carbon (Pvt) Ltd and the next course of action would be a Parate Execution on the property mortgaged by Beico Link Carbon (Pvt) Ltd.