THE STOCK EXCHANGE OF HONG KONG LIMITED
(A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited)
In relation to the matter of
Shenji Group Kunming Machine Tool Company Limited
(A joint stock limited company incorporated in the People’s Republic of China with limited liability)
(Stock Code: 300)
Cancellation of listing
|The Stock Exchange of Hong Kong Limited (the “Exchange”) announced that with effect from
9:00 am on 26 August 2019, the listing of the shares of of Shenji Group Kunming Machine Tool Company 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 August 2019 under Rule 6.01A.
Trading in the Company’s securities has been suspended since 23 March 2017. Under Rule 6.01A, the Exchange may delist the Company if trading does not resume by 31 July 2019.
On 6 August 2018, 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.
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 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.