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Announcement - In relation to the matter of Han Tang International Holdings Limited (Stock Code: 1187) Cancellation of listing

Regulatory
18 Oct 2018

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
Han Tang International Holdings Limited
(Stock Code: 1187)

Cancellation of listing

The Stock Exchange of Hong Kong Limited (the “Exchange”) announces that with effect from 9:00 am on 22 October 2018, the listing of the shares of Han Tang International Holdings Limited (the “Company”) will be cancelled in accordance with the delisting procedures under Practice Note 17 to the Listing Rules (the “Delisting Procedures”).  

 

The Exchange announces that the listing of the Company’s shares will be cancelled with effect from 9:00 am on 22 October 2018 in accordance with the Delisting Procedures.

Trading of the Company’s shares was suspended on 1 April 2014.  The Company was placed into the first, second and third stages of the Delisting Procedures on 8 May 2015, 11 November 2015 and 8 June 2016 respectively.

Before the expiry of the third delisting stage, the Company submitted a resumption proposal which involved a new listing application to be submitted to the Exchange.  On 30 June 2017, the Company submitted the new listing application. 

On 29 June 2018, the Listing Committee considered that the resumption proposal was no longer viable and therefore decided to cancel the listing of the Company’s shares on the Exchange.

On 5 July 2018, the Company sought a review by the Listing (Review) Committee on the delisting decision.  On 26 September 2018, the Listing (Review) Committee upheld the Listing Committee’s decision to cancel the listing of the Company’s shares on the Exchange. 

Accordingly, the Exchange will cancel the Company’s listing with effect from 9:00 am on 22 October 2018.  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 22 May 2020