Announcement – In relation to the matter of Sound Global Ltd. (Incorporated in the Republic of Singapore with limited liability) (Stock Code: 967) Cancellation of listing
Regulatory
07 Sep 2022
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
Sound Global Ltd.
(Incorporated in the Republic of Singapore with limited liability)
(Stock Code: 967)
Cancellation of listing
The Stock Exchange of Hong Kong Limited (the Exchange) announced that with effect from 9:00 am on 13 September 2022, the listing of the shares of Sound Global Ltd. (the Company) will be cancelled under Rule 6.01A.
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The Exchange announces that the listing of the Company's shares will be cancelled with effect from 9:00 am on 13 September 2022 under Rule 6.01A.
On 13 April 2016, the Securities and Futures Commission (the SFC) exercised its power under section 8(1) of the Securities and Futures (Stock Market Listing) Rules to direct the Exchange to suspend dealings in the shares of the Company. Trading in the Company’s shares has been suspended since then.
Under Rule 6.01A, the Exchange might delist the Company if trading did not resume by 31 July 2019. After consultation with the SFC, the Exchange agreed to withhold delisting the Company until 31 July 2022.
The Company failed to meet all the resumption conditions imposed by the Exchange and resume trading in its shares by 31 July 2022. On 26 August 2022, 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