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 
Flyke International Holdings Limited  
 (Stock Code: 1998)

Cancellation of listing

The Exchange announces that the listing of the Company’s shares will be cancelled with effect from 9:00 am on 29 January 2021 in accordance with the delisting procedures under Practice Note 17 to the Listing Rules.

Trading of the Company’s shares was suspended on 31 March 2014 due to delay in publishing its 2013 annual results and subsequently its failure to comply with Rule 13.24.  The Exchange placed the Company into the first, second and third delisting stage under Practice Note 17 to the Listing Rules on 25 November 2016, 14 November 2018 and 4 July 2019, respectively. 

Before expiry of the third delisting stage on 3 January 2020, the Company submitted a resumption proposal to the Exchange which involved, among others, an acquisition of a target which constituted a very substantial acquisition and a reverse takeover under the Rule 14.06B(2). On 15 January 2021, the Listing Committee considered that the resumption proposal no longer viable as the restructuring agreement concerning the Proposal lapsed. Hence, we consider it appropriate for the Exchange, as it is entitled, to cancel the Company’s listing Practice Note 17 to the Listing Rules.

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 any queries about the implications of the delisting to obtain appropriate professional advice.

Ends