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Announcement – In relation to the matter of EcoGreen International Group Limited (In Liquidation) (Incorporated in Cayman Islands with limited liability) (Stock Code: 2341) Cancellation of listing

Regulatory
15 Jul 2024

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
EcoGreen International Group Limited (In Liquidation)
(Incorporated in Cayman Islands with limited liability)
(Stock Code: 2341)

 

Cancellation of listing

The Stock Exchange of Hong Kong Limited (the Exchange) announced that with effect from 9:00 am on 17 July 2024, the listing of the shares of EcoGreen International Group Limited (In Liquidation) (the Company) will be cancelled under Rule 6.01A(1).



 

The Exchange announces that the listing of the Company's shares will be cancelled with effect from 9:00 am on 17 July 2024 under Rule 6.01A(1).

Trading in the Company’s shares has been suspended since 4 April 2022. Under Rule 6.01A(1), the Exchange may delist the Company if trading does not resume by 3 October 2023.

The Company failed to fulfill the resumption guidance set by the Exchange and resume trading in its shares by 3 October 2023. On 27 October 2023, the Listing Committee decided to cancel the listing of the Company’s shares on the Exchange under Rule 6.01A(1).

On 6 November 2023, the Company sought a review of the Listing Committee's decision by the Listing Review Committee. On 11 March 2024, the Listing Review Committee upheld the decision of the Listing Committee to cancel the Company's listing. On 22 March 2024, the Company applied to the High Court for leave for judicial review of the decision of the Listing Review Committee (the Application).  On 2 July 2024, the High Court made an order ordering that the Application be discontinued.

Accordingly, the Exchange will cancel the Company's listing with effect from 9:00 am on 17 July 2024. 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 15 Jul 2024