AM GROUP (01849) receives additional resumption guidance from HKEX and continues suspension.

AM GROUP (01849) announces that on March 7, 2025, the company received a letter from the Stock Exchange, containing additional resumption guidelines for the trading of the company's shares (Second Additional Resumption Guidelines): In relation to the cooperation agreement, the acquisition of the target company in 2020, the sale of 24% of the shares by Activa to several independent underwriters (as disclosed in the company's announcements on July 16, 24, and 30, 2024), and arrangements for legal proceedings in 2024 and 2025, an appropriate independent forensic investigation shall be conducted to assess the impact on the company's business operations and financial condition, disclose the investigation results, and take appropriate remedial actions. The Stock Exchange states that the company must address the substantive issues that led to the suspension of trading, and the company must ensure full compliance with the listing rules before trading in securities is allowed to resume. Therefore, the company is responsible for formulating its resumption action plan. In order to assist the company, the Stock Exchange may modify or supplement the resumption guidelines (including the additional resumption guidelines and the Second Resumption Guidelines) if circumstances change. Furthermore, the trading of the company's shares remains suspended.