Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Stock Exchange of Hong Kong  >  Hong Kong Exchanges and Clearing Limited    0388   HK0388045442

End-of-day quote. End-of-day quote Stock Exchange of Hong Kong - 06/29
275 HKD   -3.24%
06/23 HONG KONG EXCHA : News Releases and Speeches
06/16DJBank of China Becomes First Chinese Bank to Help Set Gold Price -..
06/16DJBank of China to Help Set Gold Price
SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Hong Kong Exch&Clear : Announcement regarding cancellation of listing of EganaGoldpfeil (Holdings) Limited (In Liquidation) under Practice Note 17 to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited

12/30/2011 | 04:48am US/Eastern

THE STOCK EXCHANGE OF HONG KONG LIMITED
(A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited)

ANNOUNCEMENT

In relation to the matter of EganaGoldpfeil (Holdings) Limited
(In Liquidation)
(Stock Code: 48)

Cancellation of listing
in accordance with Practice Note 17 to the
Rules Governing the Listing of Securities on
The Stock Exchange of Hong Kong Limited (the "Listing Rules")

The Exchange hereby announces that with effect from 9:00 a.m. on 4 January 2012, the listing of the sharesof the Company will be cancelled in accordance with the Delisting Procedures.

By the end of the deadline mentioned below, the Company has failed to submit a viable resumption proposal. Therefore, the Exchange will cancel the listing of the Company's shares in accordance with the Delisting Procedures.

The Stock Exchange of Hong Kong Limited (the "Exchange") announces that the listing of the shares of EganaGoldpfeil (Holdings) Limited (In Liquidation) (the "Company") will be cancelled with effect from 9:00 a.m. on 4 January 2012 in accordance with the delisting procedures stipulated in Practice Note 17 to the Listing Rules (the "Delisting Procedures"). Practice Note 17 to the Listing Rules formalises the procedures to be adopted to delist long-suspended companies. 

Dealings in the Company's shares have been suspended since 12 September 2007. Accordingly, dealings in the Company's shares have effectively been suspended for over four years.

The Company was placed into the third stage of the Delisting Procedures on 30 December 2010. Under the Delisting Procedures, the Company is required to submit a viable resumption proposal at least 10 business days (as defined in the Listing Rules) before the expiry of the six-month period for the third stage. If the Company has not submitted a viable resumption proposal as required, the Exchange will cancel the listing of the Company's shares. The Company submitted a resumption proposal to the Exchange before expiry of the third stage. However, the Exchange determined that the Company's proposal was not viable. Therefore, the Exchange will cancel the listing of the Company's shares.

The Exchange has notified the Company of its obligation under paragraph 3.1 of Practice Note 17 to issue an announcement informing the public of the cancellation of the listing of its shares on the same day of this announcement.

The Exchange advises shareholders of the Company who have any queries about the implications of the delisting to obtain appropriate professional advice.

React to this article
Latest news on HONG KONG EXCHANGES AND CL
12:08a HSI opens down 22 pts to 25,944; H-share up 28 pts at 12,723
06/29 China stocks lower at close of trade; Shanghai Composite down 3.29%
06/28 HSI opens down 103 pts to 26,560; H-shr down 44pts at 13,044
06/26 HSI opens down 129pts to 27,016; H-shr down 137pts at 13,330
06/25 TAISUN ENTERPRISE : CIMC Raffles Completes Mating Ops for Frigstad's UDW Semisub..
06/25 HSI opens down 75 pts to 27,329; H-shr down 19 pts at 13,665
06/24 HSI opens up 63 pts to 27,397; H-share up 56 pts at 13,656
06/23 HONG KONG EXCHANGES AND CLEARING : News Releases and Speeches
06/22 HSI opens up 45 pts to 27,126; H-share down 13 pts at 13,370
06/21 HSI opens up 93 pts to 26,854; H-share up 62 pts at 13,249
Advertisement
Chart
Duration : Period :
Hong Kong Exchanges and Cl Technical Analysis Chart | 0388 | HK0388045442 | 4-Traders
Income Statement Evolution
More Financials