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
Cloud Investment Holdings Limited
(Stock Code: 8129)

Cancellation of listing

The Exchange announces that the listing of the Company’s shares will be cancelled with effect from 9:00 am on 26 March 2019 under GEM Listing Rule 9.14.

Trading in the Company’s shares has been suspended since 12 April 2018 as it failed to have sufficient operations or value of assets under GEM Listing Rule 17.26.

On 11 April 2018, the Exchange served a delisting notice and gave the Company a period of six months to submit a viable resumption proposal to demonstrate its compliance with GEM Rule 17.26.  If the Company fails to do so, the Exchange would cancel the Company’s listing.

In October 2018, the Company submitted a resumption proposal before expiry of the six-month period.

The GEM Listing Committee considered the resumption proposal not viable and decided to cancel the listing of the Company’s shares.

On 21 December 2018, the Company sought a review by the GEM Listing (Review) Committee on the delisting decision.  On 11 March 2019, the GEM Listing (Review) Committee upheld the GEM Listing Committee’s decision to cancel the Company’s listing.  Accordingly, the Exchange will cancel the Company’s listing with effect from 9:00 am on 26 March 2019.

The Exchange has notified the Company of its obligation under GEM Listing Rule 9.17 to publish an announcement providing details of the Exchange’s decision and the consequences to shareholders of the Company.

The Exchange advises shareholders of the Company who have any queries about the implications of the delisting to obtain appropriate professional advice.

Ends