CHINA OCEAN GP (08047): Has requested a review of the Stock Exchange's decision to cancel its listing status.
China Marine Development (08047) announced that the company received a letter from the Stock Exchange dated July 31, 2026, notifying the company that the listing committee of the Stock Exchange would review the company's status for resumption of trading and listing on July 30, 2026. The listing committee has decided to cancel the company's listing status in accordance with GEM Listing Rule 9.14A, due to the company's failure to meet all resumption guidelines and the continued suspension of trading in its shares.
CHINA OCEAN GP (08047) announced that the company received a letter from the Stock Exchange dated July 31, 2026, informing the company that the Listing Committee of the Stock Exchange will review the resumption of trading and listing status of the company on July 30, 2026. The Listing Committee decided to cancel the company's listing status in accordance with GEM Listing Rule 9.14A, due to the company's failure to meet all resumption guidance and the trading of its shares remaining suspended. The letter stated that unless the company applies for a review of this decision in accordance with Chapter 4 of the GEM Listing Rules, the last listing date for the shares will be August 14, 2026, and the listing status of the shares will be canceled effective from 9:00 a.m. on August 17, 2026. The company's management has submitted an application in accordance with Chapter 4 of the GEM Listing Rules, requesting that this decision be reviewed by the Listing Review Committee. The company is currently seeking professional advice and considering this decision. The Board hereby reminds shareholders and potential investors that the outcome of the review is uncertain.
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