KHOON GROUP (00924): The Listing Committee has decided to cancel the company's listing status.

KHOON GROUP (00924) announced that on September 25, 2026, the Company received a letter from the Stock Exchange stating that the Listing Committee had decided to cancel the Company's listing status under the Listing Rules (the Decision). In making its Decision, the Listing Committee considered that the sanctions imposed by the US authorities and the resulting sanctions risks have had a material adverse impact on the Company's business. The Listing Committee further considered that the Company has failed to demonstrate that it remains suitable for listing under Rule 2.03, and concluded that cancellation of its listing status under Rule 6.01(4) is appropriate and reasonable. Pursuant to Chapter 2B of the Listing Rules, the Company is entitled, within seven business days after the issuance of the Decision, to refer the Decision to the Stock Exchange's Listing Review Committee for review. If the Company decides not to request a review by the Listing Review Committee, the last listing date of the Shares will be October 12, 2026, and the Shares will be delisted with effect from 9:00 a.m. on October 13, 2026. The Board is seeking advice from its advisers and is considering whether to make a request to refer the Decision to the Stock Exchange's Listing Review Committee for further review. In addition, trading in the Company's shares remains suspended.