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Announcement – In relation to the matter of Haitian Energy International Limited (In provisional liquidation) (Incorporated in the Cayman Islands with limited liability) (Stock Code: 1659) Cancellation of listing

Regulatory
02 Dec 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
Haitian Energy International Limited
(In provisional liquidation)
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 1659)

Cancellation of listing

The Stock Exchange of Hong Kong Limited (the “Exchange”) announced that with effect from 9:00 am on 7 December 2020, the listing of the shares of Haitian Energy International 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 7 December 2020 under Rule 6.01A.

Trading in the Company’s shares has been suspended since 25 February 2019.  Under Rule 6.01A, the Exchange may delist the Company if trading does not resume by 24 August 2020.

The Company failed to fulfill any of the resumption guidance set by the Exchange and resume trading in its shares by 24 August 2020.  On 20 November 2020, the Listing Committee decided to cancel the listing of the Company’s shares on the Exchange under Rule 6.01A.

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 02 Dec 2020