The Stock Exchange of Hong Kong announced that the listing of China Infrastructure Investment Limited’s shares will be cancelled, effective from 9:00 am on 15 November 2024, due to the company’s failure to resume trading by the required deadline of 10 January 2024. Despite seeking a review of the delisting decision, the Listing Review Committee upheld the decision, and the High Court recently discontinued the company’s legal challenge. As a result, the cancellation of the company’s listing will proceed, and shareholders are advised to seek professional advice regarding the implications.
Resources: https://www.hkex.com.hk/News/Regulatory-Announcements/2024/241113news?sc_lang=en