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Announcement - In relation to the matter of China Metal Recycling (Holdings) Limited (In Compulsory Liquidation) (Stock Code: 773) Cancellation of listing

Regulatory
02 Feb 2016

  香港聯合交易所有限公司
(香港交易及結算所有限公司全資附屬公司)
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 China Metal Recycling (Holdings) Limited
(In Compulsory Liquidation) (Stock Code: 773)

Cancellation of listing


The Stock Exchange of Hong Kong Limited (the "Exchange") announces that with effect from9:00 a.m. on 4 February 2016, the listing of the shares of China Metal Recycling (Holdings) 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 a.m. on 4 February 2016 under the Listing Rules.

Trading in the Company's shares has been suspended since 28 January 2013.  On 17 December 2015, the Listing Committee decided to cancel the listing of the Company's shares on the ground that the Company or its business is no longer suitable for listing.  The Listing Committee also decided to allow the Company to remedy those matters which have rendered it unsuitable for listing by 17 January 2016.  The Company did not make any proposal to remedy the matters before the deadline.

Accordingly, the Exchange will cancel the Company's listing with effect from 9:00 a.m. on 4 February 2016.

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.


Ends

Updated 02 Feb 2016