Announcement - In relation to the matter of Qunxing Paper Holdings Company Limited (Stock Code: 3868) Cancellation of listing
Regulatory
28 Nov 2017
香港联合交易所有限公司
(香港交易及结算所有限公司全资附属公司)
THE STOCK EXCHANGE OF HONG KONG LIMITED
(A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited)
ANNOUNCEMENT
In relation to the matter of
Qunxing Paper Holdings Company Limited
(Stock Code: 3868)
Cancellation of listing
| The Stock Exchange of Hong Kong Limited (the “Exchange”) announces that with effect from 9:00 am on 30 November 2017, the listing of the shares of Qunxing Paper Holdings Company Limited (the “Company”) will be cancelled. |
The Exchange announces that the listing of the Company’s shares will be cancelled with effect from 9:00 am on 30 November 2017 under the Listing Rules.
Trading of the Company’s shares was suspended on 30 March 2011. On 6 October 2017, the Exchange decided to commence procedures to cancel the Company’s listing on the ground that the Company is no longer suitable for listing. The Exchange also decided to allow the Company to remedy the matters that have rendered it unsuitable for listing by 6 November 2017. The Company did not remedy the matters or make any proposal to do so before the deadline.
Accordingly, the Exchange will cancel the Company’s listing with effect from 9:00 am on 30 November 2017. The Exchange has requested the Company to publish an announcement on the cancellation of its listing.
The Exchange advises shareholders of the Company who have queries about the implications of the delisting to obtain appropriate professional advice.
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