GLOBAL UIN (08496) has received the decision of the GEM Listing Review Committee.

date
08:53 20/03/2026
avatar
GMT Eight
Global Friends Drink Intelligent (08496) announced that the board of directors hereby informs the shareholders and potential investors of the company that the hearing of the listing review committee on the committee's decision (GEM listing review committee hearing) was held on February 3, 2026.
GLOBAL UIN (08496) Announcement, the Board of Directors hereby notifies the company's shareholders and potential investors that the Review Hearing conducted by the GEM Listing Review Committee on the Committee's decision was held on February 3, 2026. On March 19, 2026, the company received the decision of the GEM Listing Review Committee, which upheld the committee's decision that the acquisition and sale transactions constitute a reverse takeover under Rule 19.06B of the GEM Listing Rules. The GEM Listing Review Committee pointed out that before trading is allowed to resume, the company must comply with any resumption guidance that may be issued by the Stock Exchange and ensure full compliance with the GEM Listing Rules. Under Rule 9.14A(1) of the GEM Listing Rules, if trading remains suspended for 12 months, the Stock Exchange may cancel the listing status of the company's shares. At the company's request, trading of the shares will be suspended from 9:00 am on Friday, March 20, 2026.