THE STOCK EXCHANGE OF HONG KONG LIMITED
(A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited)
In relation to the matter of
Pacific Andes International Holdings Limited
(Incorporated in Bermuda with limited liability)
(Stock Code: 1174)
Cancellation of listing
|The Stock Exchange of Hong Kong Limited (the “Exchange”) announced that with effect from 9:00 am on 26 September 2019, the listing of the shares of Pacific Andes International Holdings 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 26 September 2019 under Rule 6.01A.
Trading in the Company’s securities has been suspended since 26 November 2015. Under Rule 6.01A, the Exchange may delist the Company if trading does not resume by 31 July 2019.
The Company failed to resume trading in its securities by 31 July 2019. On 9 August 2019, the Listing Committee decided to cancel the listing of the Company’s shares on the Exchange under Rule 6.01A (the “Decision”). On 14 August 2019, the Company applied for a review of the Decision. On 18 September 2019, the Company withdrew the review application. Accordingly, the Exchange will cancel the Company’s listing with effect from 9:00 am on 26 September 2019.
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.