Loading

Announcement – In relation to the matter of China Yu Tian Holdings Limited (Incorporated in the Cayman Islands with limited liability) (Stock Code: 8230) Cancellation of listing

Regulatory
27 Oct 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
China Yu Tian Holdings Limited
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 8230)

Cancellation of listing

The Stock Exchange of Hong Kong Limited (the “Exchange”) announced that with effect from 9:00 am on 29 October 2020, the listing of the shares of China Yu Tian Holdings 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 29 October 2020 under GEM Rule 9.14A.

Trading in the Company’s shares has been suspended since 29 March 2019.  Under GEM Rule 9.14A, the Exchange may delist the Company if trading does not resume by 28 March 2020.

The Company failed to fulfil all the resumption guidance set by the Exchange and resume trading in its shares by 28 March 2020. On 8 May 2020, the GEM Listing Committee decided to cancel the listing of the Company’s shares on the Exchange under GEM Rule 9.14A.

On 25 May 2020, the Company sought a review of the GEM Listing Committee’s decision by the GEM Listing Review Committee. On 15 October 2020, the GEM Listing Review Committee upheld the decision of the GEM Listing Committee to cancel the Company’s listing. Accordingly, the Exchange will cancel the Company’s listing with effect from 9:00 am on 29 October 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 27 Oct 2020