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Announcement – In relation to the matter of Hong Kong Life Sciences and Technologies Group Limited (incorporated in the Cayman Islands with limited liability) (Stock Code: 8085) Cancellation of listing

Regulatory
09 Sep 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
Hong Kong Life Sciences and Technologies Group Limited
(incorporated in the Cayman Islands with limited liability)
(Stock Code: 8085)

Cancellation of listing

The Stock Exchange of Hong Kong Limited (the “Exchange”) announced that with effect from 9:00 am on 14 September 2020, the listing of the shares of Hong Kong Life Sciences and Technologies Group Limited (the “Company”) will be cancelled under GEM Rule 9.14A.

 

The Exchange announces that the listing of the Company's shares will be cancelled with effect from 9:00 am on 14 September 2020 under GEM Rule 9.14A.

Trading in the Company’s shares has been suspended since 5 July 2019.  Under GEM Rule 9.14A, the Exchange may delist the Company if trading does not resume by 4 July 2020.

The Company failed to fulfill all of the resumption guidance set by the Exchange and resume trading in its shares by 4 July 2020.  On 28 August 2020, the GEM Listing Committee decided to cancel the listing of the Company’s shares on the Exchange under GEM Rule 9.14A.

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 11 Dec 2020