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Announcement – In relation to the matter of Kirin Group Holdings Limited (In Compulsory Liquidation) (incorporated in Bermuda with limited liability) (Stock Code: 8109) Cancellation of listing

Regulatory
26 Apr 2023

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
Kirin Group Holdings Limited (In Compulsory Liquidation)
(incorporated in Bermuda with limited liability)
(Stock Code: 8109)

Cancellation of listing

The Stock Exchange of Hong Kong Limited (the Exchange) announced that with effect from 9:00 am on 28 April 2023, the listing of the shares of Kirin Group Holdings Limited (the Company) will be cancelled under GEM Rule 9.14A.



 
The Exchange announces that the listing of the Company's shares will be cancelled with effect from 9:00 am on 28 April 2023 under GEM Rule 9.14A.
 
Trading in the Company’s shares has been suspended since 13 December 2021. Under GEM Rule 9.14A, the Exchange may delist the Company if trading does not resume by 12 December 2022.
 
The Company failed to fulfill the resumption guidance set by the Exchange and resume trading in its shares by 12 December 2022. On 20 January 2023, the GEM Listing Committee decided to cancel the listing of the Company’s shares on the Exchange under GEM Rule 9.14A.
 
On 2 February 2023, the Company sought a review of the GEM Listing Committee's decision by the GEM Listing Review Committee. On 17 April 2023, the Company withdrew its review application. Accordingly, the Exchange will cancel the Company's listing with effect from 9:00 am on 28 April 2023.
 
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

Updated 20 Dec 2023