Announcement – In relation to the matter of Polyard Petroleum International Group Limited (In Liquidation) (incorporated in the Cayman Islands with limited liability) (Stock Code: 8011) Cancellation of listing
Regulatory
24 Apr 2024
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
Polyard Petroleum International Group Limited (In Liquidation)
(incorporated in the Cayman Islands with limited liability)
(Stock Code: 8011)
Cancellation of listing
The Stock Exchange of Hong Kong Limited (the Exchange) announced that with effect from 9:00 am on 29 April 2024, the listing of the shares of Polyard Petroleum International Group Limited (In Liquidation) (the Company) will be cancelled under GEM Rule 9.14A(1).
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The Exchange announces that the listing of the Company's shares will be cancelled with effect from 9:00 am on 29 April 2024 under GEM Rule 9.14A(1).
Trading in the Company’s shares has been suspended since 3 April 2023. Under GEM Rule 9.14A(1), the Exchange may delist the Company if trading does not resume by 2 April 2024.
The Company failed to fulfill the resumption guidance set by the Exchange and resume trading in its shares by 2 April 2024. On 12 April 2024, the GEM Listing Committee decided to cancel the listing of the Company’s shares on the Exchange under GEM Rule 9.14A(1).
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