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Announcement – In relation to the matter of Peace Map Holding Limited (In Liquidation) (Incorporated in the Cayman Islands and continued in Bermuda with limited liability) (Stock Code: 402) Cancellation of listing

Regulatory
30 Jul 2020

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
Peace Map Holding Limited
(In Liquidation)
(Incorporated in Cayman Islands and continued in Bermuda with limited liability)
(Stock Code: 402)

Cancellation of listing

The Stock Exchange of Hong Kong Limited (the “Exchange”) announced that with effect from 9:00 am on 3 August 2020, the listing of the shares of Peace Map Holding Limited (the “Company”) will be cancelled under Rule 6.01A.

 

The Exchange announces that the listing of the Company's shares will be cancelled with effect from 9:00 am on 3 August 2020 under Rule 6.01A.

Trading in the Company’s shares has been suspended since 13 August 2018.  Under Rule 6.01A, the Exchange may delist the Company if trading does not resume by 12 February 2020.

The Company failed to fulfil all the resumption guidance set by the Exchange and resume trading in its shares by 12 February 2020.  On 27 March 2020, the Listing Committee decided to cancel the listing of the Company’s shares on the Exchange under Rule 6.01A.

On 2 April 2020, the Company sought a review of the Listing Committee’s decision by the Listing Review Committee.  On 21 July 2020, the Listing Review Committee upheld the decision of the Listing Committee to cancel the Company’s listing. Accordingly, the Exchange will cancel the Company’s listing with effect from 9:00 am on 3 August 2020.

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 30 Jul 2020